There is no good news on inflation or spending in recent data. And yields on long-term bonds surged. The yield on the 10-year note jumped 11 basis points to 4.25 percent. The yield on the 30-year bond jumped 9 basis points to 4.63 percent.
There is no good news on inflation or spending in recent data. And yields on long-term bonds surged. The yield on the 10-year note jumped 11 basis points to 4.25 percent. The yield on the 30-year bond jumped 9 basis points to 4.63 percent.