Bond Yields Spike to 19-Year High as Markets Confront Return to Normal Rates

The bond market dominated trading this week as long-dated Treasury yields surged to levels unseen in nearly two decades. The 30-year Treasury touched a 19-year high above 5.30% mid-week, while the 10-year closed Friday at 4.738%, marking a 20-month peak. The dramatic move in yields represents what analysts are calling a “return to normalcy” after The post Bond Yields Spike to 19-Year High as…