U.S. 10-Year Yield Hits 5.36%, 24-Year High

U.S. Treasury yields have surged again, intensifying selling pressure in global bond markets. The U.S. 10-year Treasury yield exceeded 5.36% during trading, marking its highest level since 2002, while the 30-year yield also jumped to 5.73%. This comes amid revived inflation concerns due to rising international oil prices, compounded by large-scale Treasury issuance and the Federal Reserve’s potential for further tightening. On October 7 (local time), the 10-year Treasury yield rose to 5.36