US Treasury yields hover near multiyear highs
The 10-year Treasury yield was around 5.324%, having risen as high as 5.353%, while the 2-year yield reached 4.820% Thursday.
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The 10-year Treasury yield was around 5.324%, having risen as high as 5.353%, while the 2-year yield reached 4.820% Thursday.
Yields on U.S. Treasurys were slightly lower in European midday trade but remained near 24-year highs, while European government bond yields also declined as investors paused amid a bond market rout.
US stock indices closed mostly lower on Tuesday, weighed down by another rise in Treasury yields to fresh multiyear highs. The S&P 500 fell 0.2%, and the Dow shed 130 points, while the Nasdaq rose 0.2%. Elevated oil prices and yields continued to pressure equities, with the 10-year yield trading near levels not seen si
US stocks were mostly lower on Tuesday, weighed down by another rise in Treasury yields to fresh multiyear highs. The S&P 500 edged lower, the Dow shed over 100 points, while the Nasdaq edged higher. Elevated oil prices and yields continued to pressure equities, with the 10-year yield trading near levels not seen since