U.S. 10-Year Treasury Yield Hits 3%
Published Apr 24, 2018 09:50AM ET
U.S. 10-year Treasury yield hits 3%
Investing.com - The yield on 10-year U.S. Treasury notes hit its highest in more than four years at 3% shortly after the U.S. open on Tuesday.
Investors have been focused on the 10-year yield in recent sessions as it inched towards the key psychological level amid concerns that it could trigger a reaction in global financial markets.
The yield has been driven higher as strengthening inflation prospects added to expectations for a faster rate of monetary tightening from the Federal Reserve.
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Written By: Investing.com
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