🇺🇸BREAKING: U.S. 10Y Treasury yield hits 5.081%, its HIGHEST level since July 2007. Yields initially fell from 4.7% to 4.58% after Scott Bessent said Treasury would increase bond purchases. They have since surged back above 5%. The 30-year yield has also climbed to 5.35%, matching 2007 levels. Could the 10-year yield reach 6% next? - Across Fed tightening cycles since 1963, yields rose an average of 50 basis points in the first six months after the first hike, reaching +110 over the following 12 months. - A similar rise from current levels would push yields above 6% for the first time since August 2000. But first-year moves ranged from -70 to +400 basis points. The relief was short-lived. Borrowing costs are climbing again, and further Treasury intervention could follow.