10-year Treasury yield hits 2008 high

• October 19, 2022
• realestatelife
• Business & Markets, Interest Rates, Politics & Economy, Rates, Real Estate, Real Estate Finance, Recession, World News, Your Real Estate Life

U.S. stocks retreated across the board as all three of the major benchmarks led by the tech-heavy Nasdaq Composite fell as bond yields rose. The 10-year Treasury yield closed at 4.127%, the highest level since July 2008.