10 - year Treasury yields hit 5.02% as bond market sends a warning ahead of the Fed
If there's one thing to note from the way we are starting off the week, it is that the bond market isn't waiting around for the Fed.10-year Treasury yields have now pushed up to 5.02%, continuing what has been a relentless climb in recent weeks on the back of stubborn inflation, higher oil prices, and the prospect of a more hawkish Fed.We're now bordering on breaking the highs last seen in October 2023 with a firmer push above 5.02% set to take yields into territory not properly explored...
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