Bond Yields Reach Highest Level in 2 Years

Treasury yields rose on Friday, closing at a two-year high. The 10-year note reached its highest level since late May, driven by a significant three-week advance of over 46 basis points. This marks the largest such move since September 2022. The climb is attributed to thin holiday trade. To stay up-to-date with market news and analysis, consider subscribing to MarketWatch or Barron’s digital services.

Source: https://www.marketwatch.com/story/treasury-yields-tick-higher-in-thin-holiday-trade-669a01c1