Treasury yields hit 5%, marking a fundamental rate regime shift

Bloomberg · 3 hours ago
  • US Treasury yields pushed past 5%, extending a run of successive highs.
  • Wall Street and Washington are absorbing the view that the move is more than a bond-market slump.
  • The yield surge is being framed as a fundamental shift in the rate environment.

Quotes

“More than merely a bond-market slump, this might just be a fundamental shift.”— Bloomberg

Sources