Global Bond Market Selloff Intensifies: US 10-Year Treasury Yield Hits Highest Since 2002

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On Thursday, October 1, the yield on the US 10-year Treasury note climbed to 5.33%, marking its highest level since 2002.

The spread between French and German 10-year government bond yields widened by 4 basis points to 131 basis points.

The yield on the UK 30-year government bond rose to 6%, reaching that level for the first time since 1998.

The spread between French and German 10-year government bond yields widened by 4 basis points to 131 basis points.

This is a developing story.

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