Markets

10-Year Treasury Yield Climbs 1 Percent Since the Fed Pivot

Bond investors are given the gift of higher yields for Christmas.
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10-Year Treasury Yield Climbs 1 Percent Since the Fed Pivot
A trader works on the floor of the New York Stock Exchange in New York City on Dec. 18, 2024. Richard Drew/AP Photo
Andrew Moran
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U.S. Treasury investors were given a belated Christmas present in higher yields during the thin trading session on Thursday.

The 10-year Treasury yield rose above 4.64 percent on Dec. 26, the highest since May. The 20- and 30-year yields also inched higher to 4.87 percent and 4.78 percent, respectively.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."