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Jesse Cohen: U.S. 10-year Treasury yield hits highest since November 2023

Jesse Cohen: U.S. 10-year Treasury yield hits highest since November 2023
U.S. 10-year yield hits new high

Jesse Cohen, senior markets analyst at Investing.com, reports that the U.S. 10-year Treasury yield has risen to 4.816 percent, reaching its highest level since November 2023.

He observes that the global bond sell-off is intensifying as yields climb.

Earlier, Cohen highlighted a jump in market odds for a September Fed rate hike to 56 percent following Warsh's speech at Jackson Hole, as noted in his analysis. In a separate report, he covered CrowdStrike’s nearly 9 percent premarket surge to a record high on strong quarterly results. Both updates reflect his ongoing coverage of major market drivers.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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