The Treasury yields for 2-year, 10-year, and 30-year notes have seen a significant increase, with the 10-year yield climbing to 4.33% and the 30-year yield rising to 4.497%, reaching their highest levels since December 1. Investors are showing concern over the interest rate outlook, which has led to the rise in yields. PIMCO has indicated that the trajectory of US government debt is expected to push long-term yields even higher. This comes as the financial community closely monitors the monetary policy path.
Treasury yields rise as investors consider monetary policy path https://t.co/myyp5UC1hb
US government debt trajectory to push long-term yields higher, says PIMCO https://t.co/4hM9WfXK10 https://t.co/3HfCZHmH8b
Meanwhile 10Y yield at 2024 highs
❖ TREASURY 30-YEAR YIELD RISES TO 4.497%, HIGHEST SINCE DECEMBER 1
❖ TREASURY 10-YEAR YIELD CLIMBS TO 4.33%, HIGHEST SINCE DEC. 1
2-year Treasury yield rises as investors fret over interest rate outlook https://t.co/IRDMqkrnFi