On April 10 local time, the yield of the 10-year US Treasury note rose again, reaching a high of 4.488%. Since touching a bottom of 3.99% on April 4, the yield of the 10-year US Treasury note has been rising for five consecutive days.
Chart of the 10-year US Treasury yield movement CNBC
In addition, the yield of the 30-year US Treasury note also increased again, briefly reaching 4.957% during the session. On April 4, the yield of the 30-year US Treasury note closed at 4.422%. If it closes above 4.882% on Friday, it will set the largest weekly increase (46 basis points) since 1982.
Yesterday, the yield of the 30-year US Treasury note rose by 12 basis points to 4.835%. During the session, the yield briefly broke through the 5% mark, setting the largest three-day increase since 1982.
Chart of the 30-year US Treasury yield movement CNBC
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