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The Economic Times

National

Debjit Sinha

10-year treasury: Why is US Bond market benchmark yield rising on Wednesday? What does this mean for economy, Fed Interest Rate?

US Fed US Treasury United States Interest Rates Bonds Economy Inflation

US 10-year treasury yield note rose on Wednesday. Yields jumped after the CPI data showed that consumer prices spiked in September. The numbers have led to speculations whether the Federal Reserve will go for interest rate hike.

The yield on the benchmark US 10-year Treasury note rose 8.3 basis points to 5.3 per cent. The yield on the 30-year bond rose 5.6 basis points to 5.619 per cent after three days of declines.

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