BusinessUS 10-Year Treasury Yield Hits 5.34%, Highest Since 2002
The yield on the 10-year US Treasury note rose to 5.34%, the highest level since 2002, driven by persistent inflation and expectations of further Federal Reserve rate hikes. Rising oil prices linked to the Middle East conflict and increased US government borrowing are fueling concerns about sustained inflation, prompting markets to price in possible rate hikes by the end of 2026.
HT Business·




