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Treasury yields soar on hope a recession will be avoided after temporary China-U.S. deal
cnbc.com/2025/05/12/us-treasury-yields-us-and-china-agree-to-slash-tariffs-.html
Treasury yields moved higher on Monday after the U.S. and China agreed to slash tariffs on each other's goods, a move welcomed by investors.
The 10-year Treasury yield was up by 6.6 basis points to 4.441%, while the 2-year Treasury yield jumped more than 10 basis points to 3.985%
One…
This story appeared on cnbc.com, 2025-05-12 11:55:02.