US 10-year Treasury yield reportedly hits 5.041%, highest since July 2007
A September 16 market commentary post says markets priced roughly a 94.5% chance of a quarter-point Fed rate hike, up from around 33% a month earlier.
TLDR
A September 16 post says the US 10-year Treasury yield reached 5.041%, its highest since July 2007, before finishing the session around 5%. The 30-year yield touched 5.401%, its highest since June 2007, according to the same account. It puts the market-implied chance of a quarter-point Fed hike at roughly 94.5% and says an increase would be the first since July 2023. Separately, a September 15 post described the stock market Fear & Greed Index as being on the brink of entering “extreme fear.”
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