U.S. 10-year Treasury breaches 5% as inflation fears widen bond sell-off

1 min read
Source: Financial Times
U.S. 10-year Treasury breaches 5% as inflation fears widen bond sell-off
Photo: Financial Times
TL;DR Summary

The 10-year U.S. Treasury yield rose to 5% for the first time since 2023 amid a global bond sell-off driven by inflation concerns and a jump in borrowing costs, with higher yields weighing on equities and highlighting risks to public finances even as policymakers have tried to push yields lower; the move underscores the squeeze on borrowers as oil prices surge and uncertainty persists.

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