U.S. 10-year Treasury term premium reportedly rose to approximately 0.98%, its highest level since 2014
BlockBeats, citing a Federal Reserve Bank of New York model, said that the term premium on U.S. 10-year Treasuries rose cumulatively by approximately September since mid-40 basis points to approximately 0.98%, while long-term yields rose by approximately 30 basis points over the same period. The report listed the fiscal deficit, Treasury supply, and technology companies’AI financing as potential drivers.