QUICK SPARK: 10-Year Treasury Yields Rise to 3-Year Highs
The 10-year Treasury yield rose 6 basis points to 4.85%, its highest since October 2023, as $100 crude revived inflation fears ahead of next week's Fed meeting.
Government bonds are paying more interest right now, their highest amount in 3 years. When bonds pay more, people worry prices for everyday things might go up, which makes investors think carefully about what to buy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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