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10-Year Treasury Yield Jumps to 5.1%, Lifting Rates

By Drooid · · How we work

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Story summary
  • U.S. Treasury yields rose sharply, with the 10-year yield climbing about 0.2 percentage points to around 5.1%.
  • The five-year Treasury yield rose above 5%, its highest level since 2007.
  • The S&P 500 fell roughly half a percent after trading near its record high earlier in the week.
  • The 10-year Treasury has risen over a percentage point since the war with Iran began, raising mortgage rates.