US 10-Year Treasury Yield Spikes to 24-Year High Before Rebound
📡 Bloomberg Markets · 1 min read ·
Part of composite article Global Debt Crisis Pushes Borrowing Costs to 40-Year Highs as Russia's War Deficit Doubles to $81 Billion View full article →
US Treasury yields surged on Thursday, reaching their highest level in 24 years. The jump came as a global bond selloff spread from European markets.
The 10-year Treasury yield, a key benchmark for borrowing costs worldwide, later pulled back from that peak as US bonds rebounded.
The sharp move highlights growing pressure in global debt markets. Investors are watching closely for signs of further volatility.