World4h ago
Brazil Markets Slide as US Treasury Yield Hits Highest Since 2007
Key Facts — What happened. The US 10-year Treasury yield hit 5.03% Tuesday, its highest close since July 2007. — How big. Brent crude traded near US$107 a barrel after an attack hit a major Saudi pipeline. — The catch. An October 2023 spike above 5% reversed in a day; this time the level may […] The post Brazil Markets Slide as US Treasury Yield Hits Highest Since 2007 appeared first on The Rio Times.
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ALSO REPORTED BY OTHER SOURCES (3)
US stocks close lower as oil spikes and the benchmark Treasury yield breaches 5%
US borrowing costs hit highest level since 2007
Stocks have so far survived rising Treasury yields. But that may be about to change.
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