Treasury Yields Climb to 4.6014%, Inflation Risks Increase

AI Summary

On Thursday, the 10-year U.S. Treasury note yield rose by over 3 basis points to reach 4.6014%. The 30-year Treasury bond yield increased by more than 1 basis point to 5.1334%, while the 2-year Treasury note yield was up over 3 basis points at 4.0746%. This rise in yields follows a recent decline after multi-decade highs driven by inflation concerns. The article also highlights that April housing starts are projected at 1.41 million, down from 1.502 million in March, indicating market impacts stemming from rising borrowing costs.