The US 10-year Treasury yield hit its highest level since 2007 on Tuesday, as oil prices jumped above $105 a barrel and stocks slumped on higher odds of an interest-rate hike this week. Key Facts — What happened. Key points and original sources are listed below.
- The US 10-year Treasury yield hit its highest level since 2007 on Tuesday, as oil prices jumped above $105 a barrel and stocks slumped on higher odds of an interest-rate hike this week.S1
- Key Facts — What happened. The US 10-year Treasury yield hit 5.03% Tuesday, its highest close since July 2007. — How big. Brent crude traded near US$107 a barrel after an attack hit a major Saudi pipeline. — The catch. An October 2023 spike above 5% reversed i...S2