10-year yields hit highest since 2023 before retreating
10-year Treasury yields reached their highest levels since 2023 on Wednesday after an enlarged Treasury buyback of longer-dated bonds disappointed some investors. Yields later retreated from their highs.
Benchmark 10-year Treasury yields climbed to their highest levels since 2023 on Wednesday after an enlarged Treasury buyback of longer-dated bonds disappointed some investors who had been looking for more. Yields later eased back from those peaks after the…