10 Year Treasury Yield: Return to the Old Normal shorts [hZIiHDv8hZ6]
The 10-year yield touched 5.004% on Monday, up around 8 basis points (bps) on the day. It was briefly bid at a 16-year high of 5.001% on Thursday. It has risen 160 basis points since mid-May. Alongside the Fed's hawkishness, worries over fiscal matters have caused term premiums on the curve to rise. Subscribe to my YouTube Channel OneRajKamal Follow me on Twitter Telegram Instagram