por admin » Jue Feb 25, 2021 11:48 am
The 10-year Treasury yield rises to a one-year high of 1.49% in a rapid move, unnerving investors
PUBLISHED THU, FEB 25 20213:53 AM ESTUPDATED THU, FEB 25 202111:43 AM EST
Jesse Pound
@JESSERPOUND
Vicky McKeever
@VMCKEEVERCNBC
The 10-year U.S. Treasury yield topped the 1.49% level on Thursday.
The move higher in rates is unnerving investors fearing it could be driven by inflation rather than economic recovery.
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The 10-year U.S. Treasury yield topped the 1.49% level on Thursday morning, its highest level in more than a year.
The yield on the benchmark 10-year Treasury note climbed to 1.494%, its highest level since Feb. 21, 2020. It was up about 10 basis points on the session. A basis point is equal to 0.01%. The yield on the 30-year Treasury bond rose to 2.317%. Yields move inversely to prices.
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