Wall Street Confronts Prospect of New Era After Treasury Yield Hits 5% — WSJ
By Sam GoldfarbThe last time the yield on the 10-year Treasury note rose above 5%, the U.S. economy was dealing with pandemic aftershocks. This time, the main culprit is a war with no clear end in sight.Escalating fears over energy prices and inflation drove the 10-year yield above 5% Monday, a piv…