Close this search box.

Newsfeed: 10-year Treasury yield jumps to 3.51%, the highest level since 2011

By Samantha Subin and Katrina Bishop via CNBC

Treasury yields climbed on Monday as traders anticipated the Federal Reserve’s next moves in the face of persistently high inflation.

The benchmark 10-year Treasury yield gained 6 basis points to 3.518%, hitting its highest level since April 2011, and was last up 4 basis points to 3.49%. The yield on the 2-year Treasury bond rose 9 basis points to trade at 3.949%, trading around levels not seen since 2007.

Yields move opposite to prices. One basis point is equivalent to 0.01%.


U.S. 3 Month Treasury 3.374 0.026 0
U.S. 1 Year Treasury 4.052 0.014 0
U.S. 2 Year Treasury 3.952 -0.012 0
U.S. 5 Year Treasury 3.729 -0.024 0
U.S. 10 Year Treasury 3.548 -0.025 0
U.S. 30 Year Treasury 3.562 -0.019 0

The Fed’s two-day meeting will begin Tuesday, with most market participants expecting another 75-basis-point hike by the central bank. Some analysts have, however, argued the Fed could increase interest rates by a full point, or 100 basis points.

It comes after inflation rose more than expected in August. The consumer price index increased 0.1% for the month and 8.3% over the past year — higher than economists expected. The data has led investors to expect the Fed to double down on higher interest rates for longer, until prices fall.

The march upward in yields has left some strategists believing that the yield on the 2-year could continue its move higher and punch above 4%.

“We think we’ve seen the biggest moves higher in yields, but as long as inflationary pressures continue to surprise to the upside, interest rate volatility will likely remain,” said by Lawrence Gillum, fixed income strategist at LPL Financial. “We still think the 10-year Treasury yield can end the year between 2.75%-3.25%, but we acknowledge there are risks to the upside.”

— CNBC’s Jeff Cox and Jesse Pound contributed to this report

More From The Real Estate Guys

The Real Estate Guys™ radio show and podcast provides real estate investing news, education, training, and resources to help real estate investors succeed.


Broadcasting since 1997 with over 600 episodes on iTunes!

real estate podcast on itunesSubscribe on Androidyoutube_subscribe_button__2014__by_just_browsiing-d7qkda4



Love the show?  Tell the world!  When you promote the show, you help us attract more great guests for your listening pleasure!


Be the first to know when new content arrives!

Explore The Archives

[gold_price content="prices"]
[gold_price content="ratio"]

The Real Estate Guys™ Guests and Contributors Have Been Featured On:

Scroll to Top