10-Year Treasury Yields At 16-Year Highs Shake Markets: How Far Can They Climb? - iShares 10-20 Year Treasury Bond ETF (ARCA:TLH), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), US Treasury 10 Year Note ETF (NASDAQ:UTEN)
US Treasury bond yields are on an uncontrollable ascent, impacting global markets. The 10-year Treasury yield, a crucial barometer for monitoring the cost of money in global markets, surged above 4.75% on Tuesday, Oct. 3, reaching its highest level since August 2007.