US Treasury Yields Surge—What It Means for the Bond Market

The benchmark 10-year Treasury yield heads toward 4.5 percent.
US Treasury Yields Surge—What It Means for the Bond Market
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Andrew Moran
Updated:
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Yields in the U.S. Treasury market, a critical place for investors seeking shelter from turmoil and for the government to raise money, have been heating up.

The benchmark 10-year Treasury yield shot up to about 4.5 percent during the trading session on April 11, a sharp reversal after closing below 4 percent the prior week. The roughly 50 basis-point increase represented one of the largest spikes on record.
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."