Category: yield

US Treasury 10-year Yield Hits 3 Percent for First Time in More Than 3 Years

NEW YORK—The U.S. benchmark 10-year Treasury yield on Monday hit 3 percent for the first time since December 2018, a psychological milestone that could have major implications for other financial markets. The 10-year yield is an important barometer for mortgage rates and other financial instruments. It has surged the last two months as the bond…


Dollar Consolidates Gains as US Yield Curve Continues to Flatten

LONDON—The U.S. dollar consolidated gains on Monday after hitting a 1–1/2 year high on Friday as the Treasury yield curve extended a three-week flattening streak following hawkish comments by a Federal Reserve official. With the Fed clearly signaling its intent to raise interest rates as early as March after its meeting last week, money markets…