Market Watch: Entire U.S. Treasury Yield Curve Moves Toward or Above 5%, Raising Risk Something May Break
Article by Vivien Lou Chen in Market Watch
On a day devoid of any major market-moving news, investors sent yields in the roughly $25 trillion Treasury market closer to or further above 5% on Wednesday.
It isn’t the level of yields that may prove to be problematic as much as it is the speed with which they got there, according to analysts, with the pace only accelerating.
In just the past handful of months, rates on 2-, 10- and 30-year government debt have all jumped by more than a full percentage point each from their 2023 lows.
One of the biggest factors that is sending long-term Treasury ......