10-year Treasury yield hits 5 percent

18 hours ago 3

The 10-year U.S. Treasury bond yield surpassed 5 percent during Monday trading, marking just the second time it has done so in the past 19 years. The yield on the 10-year Treasury note hit 5.014 percent but sank to 4.961 percent as of mid-afternoon Monday, nearly 1 basis point above where it opened. Monday marked…

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