HomeAbout

TL;DR CNBC


10-year and 30-year Treasury yields rise to their highest levels since 2007 - TL;DR CNBC

10-year and 30-year Treasury yields rise to their highest levels since 2007

Publishing timestamp: 2023-10-03 11:48:10


Summary

The 10-year Treasury yield has surged to its highest level since 2007, indicating investor confidence and potentially leading to higher mortgage rates. The Federal Reserve is expected to continue raising rates to combat inflation, but there is uncertainty about when and whether another rate hike will occur. Rising yields have rekindled concerns about the impact of high fiscal deficits on borrowing costs.


Sentiment: MIXED

Tickers: US10YUS2Y

Keywords: economic outlooklabor economyeconomyeconomic eventsu.s. economybreaking news: marketsu.s. 10 year treasurybusiness newsu.s. treasury bondsinterest ratesu.s. 2 year treasurymarketspersonnelbondsmonetary policygovernment debtunited statesmedium term notestreasury billstreasury notesprices

Source: https://www.cnbc.com/2023/10/03/us-treasury-yields-investors-weigh-economic-outlook.html


Developed by Leo Phan