Treasury selloff deepens: 10-year yield rises 10bp on the day to 5.27%, 30-year at 5.53%, highest since 2004

Treasury yields pushed to fresh multi-decade highs, with the 10-year rising 10 basis points on the day to 5.27% and the 30-year at 5.53%, its highest since 2004. The selloff followed a weak 7-year note auction and a Treasury buyback that again came in below its cap.

Detected & updated continuously · Source: Nebula