From Investing.com:

The 10-year treasury bond yield is a key indicator for interest rates on loans and bond auctions. When the yield rises, interest rates on mortgages and loans also go up. Currently, the 10-year bond yield is testing a key resistance level at its prior highs, with potential to rally to 4.9% if it breaks out. Investors are keeping a close eye on rising interest rates.



Read more at Investing.com: 10-Year Bond Yields Testing Key Resistance This Month: Breakout in the Cards?