Washington, April 15 : Treasury yields surged on Tuesday after a brief pullback the previous day, resuming a sell-off streak as investors continue to distance themselves from U.S. government debt.
The 10-year Treasury yield rose almost 2 basis points to trade at 4.386%. The 2-year Treasury yield also surged by 4 basis points to 3.839%.
The increase in yields follows a week of volatility in the bond market, which experienced an over 50-basis-point rise in the 10-year Treasury yield – one of the largest two-day increases on record. Last week, Trump’s 90-day tariff pause announcement pulled yields lower, but the 10-year yield still rebounded to exceed 4.5% on Friday.
