Ten-Year Treasury Yield Rises to 4.97 Percent

The 10-year US Treasury yield has climbed to 4.97 percent, pressured by spiking oil prices and investor disappointment over the limited size of the Treasury Department's expanded bond buyback operation. Shorter-term yields have also surged to multi-month highs as markets price in potential rate hikes due to persistent inflation risks.
New details from the markets desk indicate the sell-off was driven by a shortfall in the Treasury’s buyback program, which purchased only $5.19 billion in long-term debt against a $6 billion target, alongside Brent crude surging past $107 a barrel due to escalating tensions in the Middle East.
Source: GN auto markets/bonds: treasury yieldsThe 10-year US Treasury yield jumped 12 basis points to 4.97 percent. This move places the benchmark rate just 3 basis points below the 5 percent threshold.
Source: GN auto markets/bonds: treasury yields






