US Treasury yields hit 24-year highs ahead of $39B 10-year sale
10-year yield hit 5.361% as investors priced persistent inflation and borrowing ahead of a $39B 10-year note auction.
S. Treasury yields rose to their highest levels in more than two decades on Wednesday as investors prepared for a $39 billion auction of 10-year notes and assessed persistent inflation, government borrowing and increasing corporate financing needs. 361%, while t…