The 10-year U.S. Treasury yield hit 1.9% on Wednesday, its highest point since December 2019, and later retreated. The yield on the benchmark 10-year Treasury note moved nearly 2 basis points lower to 1.85% at around 1 p.m. ET, after hitting 1.904% earlier. The yield on the 30-year Treasury bond fell 1 basis point to 2.174%.
What is a 10 year Treasury rate?
The 10 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 10 year. The 10 year treasury yield is included on the longer end of the yield curve. Many analysts will use the 10 year yield as the "risk free" rate when valuing the markets or an individual security.
What is a 10-year Treasury yield?
Essentially the 10-year treasury yield is the current rate investors would pay if they bought them today and can be viewed as an indicator of economic growth. How Do Treasury Yields Affect the Economy?
