U.S. Treasury yields, specifically the 10-year and 30-year yields, traded near levels last seen in 2007. The 10-year Yield was at 4.794%, while the 30-year yield was slightly lower at 4.918%. The increase in yields was influenced by the higher-than-expected job openings reported in August, signaling a tight labor market. The Federal Reserve's potential for tighter monetary policy and the possibility of higher interest rates have raised concerns about a recession. Additional data, such as employment change figures and nonfarm payrolls, is expected later in the week, which could impact the Fed's decisions.

The post 10-year Treasury Yield Trades near levels not seen since 2007, 30-year Bond Rate Tops 5% appeared first on Balanced News Summary.