10-year Treasury yield tops 5% for first time since 2007
The benchmark 10-year Treasury yield touched the 5% threshold on Monday as the bond selloff deepened.
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The benchmark 10-year Treasury yield touched the 5% threshold on Monday as the bond selloff deepened.
U.S. public debt crosses $40 trillion for the first time, while Reuters says the 30-year Treasury yield rises to 5.337% and Treasury boosts buyback operations for 10- to 30-year securities.
Treasury Secretary Scott Bessent said Treasury will increase the maximum size of repurchases of 10- to 30-year government bonds from $2 billion to at least $4 billion per operation, after yields briefly fell and then rose again.
A screen cited by Benzinga shows a 10-year U.S. Treasury yield around 4.7% exceeds dividend yields at 118 U.S. companies with market values above $100 billion, including AAPL, GOOGL and NVDA.