Treasury yields rise to their highest levels since 2007 10-year and 30-year

03.10.23

The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007.

The 10-year Treasury yield was last up just over 9 basis points to 4.781%. The 30-year Treasury yield rose as high 4.874%, also the highest since 2007.