US 10-Year Treasury Yield Surges to 5.34%, Highest Since 2002, as Global Bond Selloff Deepens
The yield on the US 10-year Treasury note has climbed to 5.34%, its highest level since 2002 and above the peak reached in 2007, 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 rising oil prices, Middle East tensions and the prospect of further central bank tightening.
