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US 10-Year And 30-Year Treasury Bond Yields Rise To Multi-Year Highs

iconSep 26, 2023 17:23
Source:SMM
US 10-year and 30-year Treasury yields rose to multi-year highs as the supply of US Treasury bonds increased and markets expected the Federal Reserve to keep interest rates high.

US 10-year and 30-year Treasury yields rose to multi-year highs as the supply of US Treasury bonds increased and markets expected the Federal Reserve to keep interest rates high. The 10-year Treasury yield once rose 7.5 basis points to 4.509%, the highest since October 2007, while the 30-year Treasury bond yield once rose 8.7 basis points to 4.612%, the highest since April 2011.

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