A post by @DeItaone on X.
US TREASURY YIELDS EXTEND RISE AFTER JOBS DATA; 10-YEAR YIELD LAST UP 6.3 BPS AT 4.898%
@DeItaone on X
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US Treasury yields extended their rise following the release of jobs data, with the 10-year yield climbing 6.3 basis points to 4.898%. The move reflects market reaction to the employment report, which appears to have reinforced expectations around rate policy. The 10-year yield's push toward 4.9% marks a notable level that could influence borrowing costs across mortgages, corporate debt and other credit. Investors will watch whether yields hold near these levels or continue climbing, and what upcoming inflation and Fed commentary signal about the path of rates.
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10-year Treasury yield, US Treasury, Walter Bloomberg