10-year U.S. Treasury yield reportedly rises above 5.1%
A Telegram channel reported that the U.S. 10-year Treasury yield rose above 5.1%, as markets began betting that the Federal Reserve may implement consecutive rate hikes.
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A Telegram channel reported that the U.S. 10-year Treasury yield rose above 5.1%, as markets began betting that the Federal Reserve may implement consecutive rate hikes.
PANews, citing Cailian Press, said that the U.S. 5-year Treasury yield rose 19.04 basis points to 5.032%, rising to 5% for the first time since 2007.
The U.S. 10-year Treasury yield rose to 5.04%, reaching its highest level since 2007.
Reports say expectations surrounding direct U.S.-Iran talks drove oil prices lower for consecutive sessions, while Muse triggered a sell-off in financial stocks and storage and chip stocks rose.
On September 21, Bitget market data showed that Brent crude oil fell 3.00% intraday to $96.70 per barrel.
On September 22, spot gold fell below the 4300 USD/ounce threshold, quoted at 4299.94 USD, down 1.00% intraday.
Market data on September 22 showed broad declines among U.S. major bank stocks, with Wells Fargo and JPMorgan Chase seeing their losses widen to 4.2% and 4.1%, respectively.