But 5% was considered normal to low in the decades before the Fed’s financial repression kicked off in 2008. By Wolf Richter for WOLF STREET. The 10-year Treasury yield rose to 5.01% this morning, briefly, before backtracking a few basis points, the highest since October 23, 2023, when it had spiked to 5.02% for a few moments, before [...] The post The 10-Year Treasury Yield Briefly Makes it over 5%. Last Time, 5% Instantly Opened the Floodgates of Demand appeared first on CBNC .
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