10-Year Treasury Yield Reaches 5%, Critical Threshold for US Economy and Markets
10-Year Treasury Yield Hits 5%: Borrowing Costs Surge to Highest Level Since 2007 The 10-year U.S. Treasury yield climbed to 5% on Monday, reaching a critical threshold briefly touched in 2023 and otherwise unseen since 2007. This move in the key benchmark signals higher borrowing costs for Americans seeking mortgages, auto loans, and other credit. ...