The 10-year U.S. Treasury yield climbed as high as 5.058% on Wednesday, surpassing its earlier September peak of 5.026% and reaching its highest level since July 2007, putting renewed pressure on equities.
The 2-year Treasury note yield climbed 8 basis points to 4.464%, while the benchmark 10-year yield rose 7 basis points to 5.058%, its highest level since July 2007. The 30-year Treasury yield advanced more than 4 basis points to 5.347%, according to a CNBC report.
