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US 10-Year Treasury Yield Crosses 3% Mark: Stocks, Gold Tank

Annie Gilroy
US 10-Year Treasury Yield Crosses 3% Mark: Stocks, Gold Tank

The benchmark ten-year Treasury bond yields (IEF) have cleared the psychologically important 3% mark again. On May 15, the benchmark yields settled at 3.1% compared to 3% the previous day. That’s the biggest one-day advance since March 2017. The yield was the highest level since 2011.