US 10-Year Treasury Auction Yield Hits Highest Level Since 2007 - KuCoin
US 10-Year Treasury Auction Yield Hits Highest Level Since 2007 - KuCoin
Source: KuCoin
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DW NOTE
The 10-year hit 5.05% at auction — the highest clearing yield since June 2007. The Fed is holding rates steady while running a $1.9 trillion deficit into an energy supply shock that has already taken 4.3 million barrels per day offline. Bond vigilantes aren't pricing in cuts anymore; they're pricing in the fiscal cost of financing a war economy at 6% of GDP with inflation still 150 basis points above target.