Benchmark US government bond yield hits 19-year peak as oil prices surge
- The 10-year US Treasury yield hit 5.02 percent on Tuesday for the first time since the 2007 global financial crisis.
- The benchmark United States government bond rate has climbed to its highest level in 19 years as traders bet on a Federal Reserve interest rate hike following a new rise in oil prices.
- On Tuesday, the 10-year US Treasury yield hit 5.02 percent, a level unseen since the 2007 global financial crisis.
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- The 10-year US Treasury yield hit 5.02 percent on Tuesday for the first time since the 2007 global financial crisis.
- The benchmark United States government bond rate has climbed to its highest level in 19 years as traders bet on a Federal Reserve interest rate hike following a new rise in oil prices.
- On Tuesday, the 10-year US Treasury yield hit 5.02 percent, a level unseen since the 2007 global financial crisis.
Sources: Al Jazeera