10-year US Treasury yield crosses 5% threshold for the first time

The yield on 10-year US government bonds has crossed the 5% threshold for the first time since 2007.

This is a significant development, as it reflects expectations of higher interest rates from the Federal Reserve.

Higher interest rates will make it more expensive to borrow money, which could slow economic growth.

The rise in bond yields is also bad news for stock investors, as it makes bonds more attractive investments than stocks.

However, the rise in bond yields is good news for savers, as they will now earn higher interest rates on their deposits.

It is important to note that the rise in bond yields is not necessarily a sign of a recession. However, it is a sign that investors are becoming more concerned about the possibility of a recession.

Investors should carefully monitor the bond market and the overall economy in the coming months.