The 10-year US Treasury bond yield has surpassed 4%

The yield on 10-year US Treasury bonds has surpassed 4%, rising by 14.2 basis points to 4.005% intraday. The yield on 2-year US Treasury bonds hit a new intraday high, marking the largest single-day increase since March 2023, with an intraday rise of 20 basis points to 4.394%.