US 10-Year Yield Hits Highest Level Since 2002 Amid Micron's Bullish Forecast
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The US 10-year yield hits its highest level since 2002 as rising oil prices fuel a renewed selloff in global bonds.
US equity futures get support from chipmakers following an upbeat forecast from Micron. The results were driven by the AI building frenzy, but warned that rising compensation would weigh.
Micron
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“The US 10-year yield hits its highest level since 2002 as rising oil prices fuel a renewed selloff in global bonds.”
Bloomberg — US 10-Year Yield Hits 2002 High; Micron Gives Bullish Forecast