US 10 Year Yield Hits Highest Since July on Inflation Angst The US 10 year Treasury yield has reached its highest level since July, climbing to a peak not seen in months as investors increasingly price in higher inflation rates.
This surge is directly linked to growing concerns about the trajectory of inflation, driven by rising wages, increasing energy costs, and a still tight labor market.
One primary driver behind the recent jump in US Treasury yields is the expectation that inflation will continue to rise in the coming months.