10-Year Treasury Yield plunges 14.6 bps to 4.782% after Treasury slows pace of increase in quarterly sales of long-term debt ISM Manufacturing plunges from 4
The yield on the 10-year Treasury has reached 5% for the first time since 2007. Treasury yields have been climbing rapidly, with the 10-year yield rallying from less than 3.50% during the spring and from just 0.50% early in the pandemic. Monday morning, the yield on the 10-year Treasury was at 4.96% after hitting 5.02% earlier.
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