Treasury Yields Approach 24-Year High as Pimco Warns Rates Could Reach 6%
Key Highlights: U.S. 10-year Treasury yields have surged around 120 basis points this year, registering the largest quarterly jump of the century between July and September. Market experts warn yields above 5.5% could destabilize risk assets, with real rates driving over 70% of the recent surge alongside mounting corporate and mortgage hedging pressures. Freddie Mac ...