U.S. 10-year Treasury yield rises above 5.3%, highest since 2002
2 Oct, 08:30
The U.S. 10-year Treasury yield rose above 5.3%, reaching its highest level since 2002. The 10-year yield is a key benchmark for borrowing costs across the U.S. economy, influencing corporate debt, mortgages and other long-term financing.
Source: Federal Reserve; Reuters.
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