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US Treasury Yields Surge... 10-Year Nears 4.50%

Uk Jin

Summary

It was reported that the 10-year US Treasury yield surged to 4.4900%.
Some analysts suggest that China is selling US Treasuries.
The 30-year US Treasury yield is also reported to be at its highest level since the end of 2023.

On the 9th (Korean time), the yield on the 10-year US Treasury surged by 5.40% to record 4.4900%.

Some analysts suggest that China has started selling US Treasuries. Yoon Yeosam, a researcher at Meritz Securities, stated, "It seems an unreasonable sell-off is occurring," and "I believe China is selling US Treasuries."

At the same time, the yield on the 30-year US Treasury recorded 5.010%, marking the highest level since the end of 2023.