The fluctuating rate-indicative 10-year Treasury yield, which had fallen below 4.0% in recent weeks, has accelerated a more-or-less gradual rise from that point and reached 4.2%.The move brings the benchmark bond yield, as tracked by Yahoo! Finance, back to a point seen earlier this year prior to an unexpected downturn in rates.
10-Year Yield Hits 4.2%
October 04, 2004, 2:00 p.m. EDT 1 Min Read