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Economy4:09 PM ET

US 10-year Treasury yield briefly surges past 5% on sky-high diesel prices

The US 10-year Treasury yield on Monday briefly surged past 5% for the first time since 2023, driven by rising diesel prices, in a rally that could see borrowing costs balloon for mortgages and auto loans.

Republican Ledger staff · 4:09 PM ET

US 10-year Treasury yield briefly surges past 5% on sky-high diesel prices
The Republican Ledger

Our newsroom is writing this report…

The US 10-year Treasury yield on Monday briefly surged past 5% for the first time since 2023, driven by rising diesel prices, in a rally that could see borrowing costs balloon for mortgages and auto loans.

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