Treasury yields continue their ascent this morning. The US 10-year Treasury Note Yield has climbed up above 5.00% for the first time since 2007, while the German 30-year Bund is approaching 3.00% once again. With monetary headwinds still in place,
The US 10-year treasury note yield has been creeping steadily upward for several months now, indicating increased confidence in the US economy and perhaps increasing inflation expectations from rising commodity prices. This steady recovery had been generally ignored by investors