US Bond Yields Are Back on The Rise

US Treasury yields rebounded on Friday, easing some concerns about the global economic slowdown caused in part by a sudden drop in yields in recent months, and the yield on the benchmark 10-year Treasury bond rose 5 basis points to 1.336%, and the yield on the Treasury bond rose by 5 basis points. 30 years by 6 basis points to 1.97%, returns move inversely with prices and 1 basis point is 0.01 percentage point.

The rebound came on the heels of the big drop in yields on Thursday that shook the stock markets and took the 10-year yield as low as 1.25%. This dampened sentiment, and the 10-year Treasury yield was 1.43% at the end of last week, and back in March, it was as high as 1.78%.