Ten-year Treasury yields hit 5.36% amid systemi... - Pluang

Ten-year Treasury yields hit 5.36% amid systemi... - Pluang

Source: Pluang

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DW NOTE

The 10-year yield is 109 basis points higher than it was twelve months ago. The standing context shows the US ran a $1.4 trillion deficit through June — 3% worse than the prior year — while fighting a war that has closed the world's most critical oil chokepoint for seven months. Markets are finally pricing the obvious: a treasury curve that reflects what the government actually does, not what it promises.

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