US 10- and 30-Year Treasury Yields Hit Fresh 24-Year Highs
US Treasury yields, particularly the 10- and 30-year, climbed on Monday to reach new 24-year highs. This movement reflects persistent negative sentiment in the bond market and investor concerns about the prospect of continued high interest rates.
US Treasury yields mostly rose on Monday, with 10- and 30-year yields reaching fresh 24-year highs as recent negative sentiment in the bond market continued and investors assessed the outlook for higher rates. Yields stayed elevated after economic data suggested inflation could rem…