U.S. Treasury yields hit multi‑year highs; 10‑year closes near 2007 levels

A broad Treasury selloff pushed the 10‑year yield to levels not seen since mid‑2007, reinforcing market bets on further Fed tightening and weighing on stocks.

In this brief: 2 sections 1 min read

- 10‑year Treasury yield rose to about 5.251% on Monday, the highest since mid‑June 2007.
- 30‑year yield climbed to roughly 5.57%, near mid‑May 2004 highs.
- Two‑year yield moved toward 4.94%, reflecting increased odds of further Fed hikes.
- Major U.S. equity indexes fell on the session as higher yields weighed on risk assets.
- Curve flattened as the 2‑year/10‑year gap narrowed amid short‑end repricing.
- Dollar strengthened and gold weakened amid the move in rates.

Read full analysis on za.investing.com

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