Treasury yields surge across the curve; 10-year hits 5.1% for first time in 19 years, 30-year closes at 5.40%, a 22-year high

Treasury yields surged across the curve on September 23, with the 10-year hitting 5.1% for the first time in 19 years, the 5-year topping 5% for the first time since 2007 and the 30-year closing at 5.40%, its highest in more than 22 years; the 1-year and 2-year hit 25- and 28-month highs. Equities traded lower as the AI-led rally was tested by the highest long-end yields in recent memory.

Detected & updated continuously · Source: Nebula