Ten-Year Treasury Yields Again Spike Above 5%

What happened: The 10-year Treasury yield spiked over the past 4 days, rising above 5%. Key numbers: 10-year Treasury yield rose 26 basis points to 5.11% over 4 days. A spike this large has occurred only four other times in the past four years. Why it matters: The move is described as the largest 4-day move, and spikes of this size have been rare over the past four years. Coverage: 3 outlets in 24h

The 10-year Treasury yield spiked over the past 4 days, rising above 5%.

The move is described as the largest 4-day move, and spikes of this size have been rare over the past four years.