The 10-year U.S. Treasury yield hit above 3.5 percent for the first time in over a decade, as markets prepare for another interest rate hike by the Federal Reserve this week. The last time the 10-year yield, which is the most significant global interest rate benchmark, rose to that level was back in April 2011….
10-year Treasury Yield Above 3.5%, as Markets Brace for Another Fed Hike
Fed Chair Jerome Powell Discusses Future Rate Policies as 10-year Treasury Yield Rates Rise
The yield on the benchmark 10-year Treasury note climbed to 2.96 percent on May 17, up from 1.5 percent at the start of 2022, as investors awaited news on U.S economic data and remarks on future monetary policy from Federal Reserve policymakers. The yield on the 10-year Treasury note last traded up 7 basis points to 2.955 percent,…
The SPY Drops, 10-Year Treasury Yield Soars: What to Watch Heading Into Fed Minutes
The SPDR S&P 500 gapped down 0.76 percent on Wednesday, for a total of a 3.14 percent decline since reaching a high of $462.07 on March 29. Traders and investors have become jittery in anticipation the Federal Reserve will announce an aggressive rate hike when the central bank’s March meeting minutes are released at 2 p.m. The gap…
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