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Market Pulse: Ten-year Treasury yield breaches 1.45% to hit the highest level since July

Market Pulse: Ten-year Treasury yield breaches 1.45% to hit the highest level since July

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The 10-year Treasury yield rose to its highest level in almost three months on Friday, spurred by the Federal Reserve’s policy update two days ago in which officials said they may soon be pulling back on their $120 billion of monthly bond buying. The rate TMUBMUSD10Y, 1.451% breached 1.45% in New York morning trading, a level not seen since July 1.

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