US 10-Year Treasury Yield Surges to 5.34%, Highest Since 2002 as Bond Selloff Deepens
The yield on the benchmark 10-year US Treasury note has climbed to 5.34%, its highest level since 2002 and above the 2007 peak, underscoring a sharp repricing across global fixed-income markets. The move comes as 30-year US bonds hit a 24-year high this week, with investors increasingly focused on elevated oil prices, Middle East tensions, and the risk of further central bank tightening.
