With US 10-year Treasury yield at a 20-month high, alarm bells expected to ring if it crosses 5 per cent tipping point.

US 10-year Treasury yield tops 4.75% as oil prices and hawkish Fed rhetoric drive rate hike expectations above 55%, with markets eyeing 5% by

10-year Treasury yield nears 4.75%, sparking fears of higher mortgage rates and borrowing costs as Fed signals more rate hikes ahead.