10-year and 30-year Treasury yields hit highest level since before Great Recession

By Zach Halaschak

Published October 3, 2023 5:34pm ET

10-year and 30-year Treasury yields hit highest level since before Great Recession — Blank stimulus checks are seen on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia, Thursday, May 8, 2008. The first batch of rebate payments started hitting bank accounts last week through direct deposits. Treasury Secretary Henry Paulson, Vice President Dick Cheney and other Bush administration officials are visiting government check printing centers around the country on Thursday for events highlighting the fact that millions of rebate checks are in the mail. | (Matt Rourke/AP)

Yields on Treasury notes and bonds hit the highest levels since 2007 on Tuesday as a report indicated the Federal Reserve might have to keep interest rates higher for longer.

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10-year and 30-year Treasury yields hit highest level since before Great Recession

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