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US 10-year yield reportedly hits 5.34% as Micron guides revenue above expectations
A market post puts the 30-year yield at about 5.66% and Micron’s long-term supply commitments at $32 billion.
TLDR
A market post says the US 10-year yield touched 5.34% Thursday, its highest since early 2002, while the 30-year reached about 5.66%. It says Micron guided fiscal Q1 revenue to $61.5 billion, plus or minus $1.5 billion, against roughly $57 billion expected. The post also says Micron’s long-term supply commitments rose to $32 billion from $22 billion in June.
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