The yield on 10-year US Treasury bonds rose to 5% per year, reaching the highest level in three years. The increase represents the culmination of a long period of turbulence in the fixed income market, which raised financing costs for businesses and consumers.
Treasuries, as US government debt bonds are known, are considered one of the most traded and safest assets in the world. Due to the large volumes traded, their rates serve as a benchmark for interest rates in financial markets around the world.
With the recent rise, treasury rates reached levels that, according to concerns from some analysts, may pose a risk to the global economy. The increase in US interest rates also impacted the Brazilian market, with the dollar reaching R$5.17 amid geopolitical tension and expectations of further interest rate hikes in the United States.
