U.S. 10-year Treasury yield surges to 5.304%, highest since May 2002
AI Summary
U.S. 10-year Treasury yield climbed to 5.304%.
5.304% surpassed the yield’s 2007 peak.
The yield reached its highest level since May 2002.
The U.S. 10-year Treasury yield surged to 5.304%, surpassing its 2007 peak and reaching its highest level since May 2002. The yield reflects the annual interest rate investors demand to hold the benchmark government bond until maturity.
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