10-year Treasury yield closes near 5.17%, highest since 2007; 30-year at 2004 levels

The 10-year Treasury yield closed around 5.17%, its highest since 2007, with the 30-year at levels last seen in 2004, per market data cited by a market account. The move is attributed to sticky inflation, a hawkish Fed and strong PMI readings.

Detected & updated continuously · Source: Nebula