U.S. 10-year Treasury yield hits multi-month high as inflation and debt concerns persist

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Source: CNBC
U.S. 10-year Treasury yield hits multi-month high as inflation and debt concerns persist
Photo: CNBC
TL;DR Summary

Yields on U.S. Treasuries rose across the curve, led by the 10-year at about 4.81%—its highest level since late 2023—while the 30-year climbed to around 5.29% and the 2-year hovered near 4.4%, as inflation fears and debt concerns plus Middle East tensions push up borrowing costs and heighten rate-hike expectations.

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