US Five-Year Yields Exceed 5% for First Time Since 2007
The yield on five-year US Treasuries rose above 5% for the first time in almost two decades as strong US economic data pushed investors to prepare for a series of Federal Reserve interest-rate hikes.
<p>The yield on five-year US Treasuries rose above 5% for the first time in almost two decades as strong US economic data pushed investors to prepare for a series of Federal Reserve interest-rate hikes.</p>