10-year Treasury yield hits 5 percent

The 10-year U.S. Treasury bond yield surpassed 5 percent during Monday trading, marking just the second time it has done so in the last 19 years. The yield on the 10-year Treasury note hit 5.014 percent but has sunk to 4.961 percent as of mid-afternoon Monday, nearly 1 basis point above where it opened. Monday...

The 10-year U.S. Treasury bond yield surpassed 5 percent during Monday trading, marking just the second time it has done so in the last 19 years. The yield on the 10-year Treasury note hit 5.014 percent but has sunk to 4.961 percent as of mid-afternoon Monday, nearly 1 basis point above where it opened. Monday...