The 10-year US Treasury yield has risen above 4.9% and is marching towards the crucial 5% level that it had last hit briefly in 2023. Yes Securities issued a contrarian bet, saying the rise in global yields increasingly reflects stronger nominal growth, a structurally higher equilibrium real rate and synchronised global monetary normalisation, rather than deteriorating economic fundamentals or an imminent fiscal crisis.

US 10-year Treasury yields are nearing the 5% mark, raising concerns over the impact of higher borrowing costs on stocks, corporate financing, dealmaking and the broader economy.…

US Treasury yields surge, with 10Y at 4.9% and 30Y above 5.34%. Fed pause in next three meetings at 37.5% YES.

U.S. Treasury yields saw an upswing on Friday, nearing the 5% milestone, driven by escalating oil prices. This development has prompted traders to heighten their expectations…