Mysterious Rise in US Treasury Yields Perturbs Markets

The surge in US treasury yields has sparked much anxiety among investors, in part because there is no easy explanation for the rise.

  • On Friday, the yield on the 10-year US Treasury note climbed to 4.88 percent for the first time since 2007.
  • Additionally, the 30-year offering reached 5.05 percent, also a 16-year peak.

“Central banks are no longer buying bonds, they are selling them,” Neil Wilson, chief market analyst at

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