Summary

U.S. Treasury yields climbed Wednesday, trading back around multiyear highs, as traders braced for the sale of 10-year notes at a time when rising yields have rattled investors around the world. The benchmark 10-year Treasury was up nearly 8 basis points at 5.35% — its highest level since 2002. The 30-year Treasury bond rose 8.3 basis points to 5.724%, also reaching a 24-year high.

AI summaries can be wrong sometimes—always verify important details using the source article.