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U.S. 10-Year Treasury Yields Rise 11.5 Basis Points to 4.487%, First Weekly Gain in Four Weeks

GateNews
Forex
According to Yonhapinfomax, U.S. 10-year Treasury yields rose 11.5 basis points to 4.487% last week (July 2), marking the first increase in four weeks. The 2-year yield climbed 4.7 basis points to 4.141%, while the 30-year yield jumped 12.3 basis points to 4.989%. The 10-year to 2-year spread widened 6.8 basis points to 34.6 basis points, extending a second consecutive week of expansion. Market participants are closely watching the Federal Reserve's FOMC meeting minutes (due July 8) for signals regarding potential rate hikes.
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