Published on 23 Oct 2024 on Benzinga
...Veteran Investor - SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond...
Yields on longer-dated U.S. 30-year Treasury bonds have breached the 4.50% threshold, a significant level last witnessed on July 25, raising alarms across global financial markets.
The 10-year U.S. Treasury yield has also seen a notable increase of 63 basis points, climbing to 4.25% since the Federal Reserve’s meeting on Sept. 18.