Ten-Year Treasury Yield Hits 15-Year High, Market Wades out of Denial, Sees “Higher-for-Longer,” Tsunami of Issuance, QT

“Higher for longer be damned”: consumers and businesses. The 10-year yield closed at 4.28% today, according to Treasury Department data, the highest since, well, let’s look here, November 14, 2007, so about 15 years ago, having edged past November 2022 and June 2008 by a hair. 2007 is notable in…#treasurydepartment #greatbondbullmarket #treasury #measure #mortgagenewsdaily #treasurydept #treasurydepartments #tga #treasuries #lol

Source: Reuters: Health - August 17, 2023 Category: Consumer Health News Source Type: news