Bonds & Rates
Treasury yields keep climbing
Yields rise across the curve as bond funds soften and credit stays mixed.
Treasury yields move higher again. The 5-year finishes at 5.066%, the 10-year at 5.311%, and the 30-year at 5.665%.
The 10-year adds 0.64% on the day and the 30-year rises 0.62%. Both are well above their 50-day and 200-day averages.
Bond proxies stay under pressure. TLT falls 0.5% to 77.11, while VBTLX drops 0.2% to 9.22.
Credit is steadier than Treasuries. LQD ends flat at 101.83, HYG rises 0.1% to 76.98, and MUB adds 0.2% to 101.12.