The Benchmark U.S. Treasury Yield Topped 5% For The First Time In Years. Odds Of a Rate Hike Climbed Further.

Source: International Business Times

The benchmark 10-year Treasury yield hit 5% for the first time since 2023 on Monday, getting closer to the highest level since July 2007. AFP via Getty Images/Saul Loeb The benchmark 10-year Treasury yield hit 5% for the first time since 2023 on Monday, getting closer to the highest level since July 2007. The note then pared the climb, going back below the threshold.