10-Year Treasury yield hits 16-year high at 5.04%.
Discuss the 10-Year Treasury yield reaching 5.04%, its highest level since July 2007, as rising crude oil prices and inflation expectations push yields higher. Highlight the corresponding rise in the CME Group CVOL index ahead of the FOMC rate decision. Touch on upcoming economic data, including retail sales and housing reports, preceding the Fed Chair's press conference.
04%, its highest level since July 2007, as rising crude oil prices and inflation expectations push yields higher. Highlight the corresponding rise in the CME Group CVOL index ahead of the FOMC rate decision. Touch on upcoming economic data, including retail sales and housing reports, preceding the Fed Chair's press conference.