Treasuries are selling off as yields surpass key levels. The 10-year note’s yield is currently at 4.153%, breaking the range of 4.10% to 4.20% it has been trading in. BMO Capital Markets strategists believe a sustainable break of 4.25% is unlikely due to macro risks. The focus now shifts to 4.2%.
Read more at Dow Jones & Company: The 10-Year Treasury Yield Has Breached 4.15%. Here’s the Next Level to Watch.
