Jobs Report Fuels Treasury Yield Surge as Markets Brace for 5% Threshold

Reuters, January 13, 2025-Davide Barbuscia
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the spectre of benchmark 10-year yields hitting 5% — a level that some fear could rattle broader markets.
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