MARKET DAILY

Market 09/19: Bond yields break highs across the board

Bond yields across tenors reach 16-year highs. Number of new homes started drops sharply.

US 2-year Treasury yield rises to 5.05% - highest since June 2007. One year ago, this yield was 3.85% and two years ago 0.23%.

US 5-year Treasury yield rises to 4.50%, 10-year to 4.34%. Yields on both tenors hit highest since 2007.

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