US 10-year Treasury yield rises to 4.7388%, highest since January 2025
The benchmark government borrowing rate hit a fresh high since January 2025, and the S&P 500 gave up earlier gains and turned negative as rising yields tightened financial conditions.
Summary
The U.S. 10-year Treasury yield climbed to 4.7388%, its highest level since January 2025, according to MSX.COM data cited by Odaily Planet Daily. As the benchmark yield rose, the S&P 500 erased its earlier gains and moved into negative territory, reflecting pressure on equities as higher long-term borrowing costs lift discount rates and tighten broader financial conditions.
Terms & Concepts
- 10-year Treasury yield: Benchmark interest rate on 10-year U.S. government debt.
- discount rates: Rates used to value future corporate earnings today.