10-year Treasury note knocks on door of 1.6% in climb to 4-month high
October 08, 2021 at 07:48 AM EDT
Yields for long-dated U.S. government debt are trading at highs not seen since early June on Friday, and the 2-year Treasury touched a March 2020 high, as a selloff in bonds that commenced in late September proceeded apace, ahead of the monthly Labor Department employment report.