10-Year Treasury Yield Highest Since July 2007, 30-Year Since July 2004
That's the highest in 19 years and 22 years respectively.
Source: Mish Talk
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DW NOTE
The 10-year above 4.9% with the Strait of Hormuz closed and oil up 26% in a month isn't a bond market — it's a forced liquidation. Investors are dumping duration into a supply shock because they know the Fed cannot ease while crude sits at $106 and inflation runs above target.