The US 10-year Treasury yield hit a 24-year high of 5.35% before a strong $39bn auction cleared at 5.30% and pulled heavy demand—evidence that buyers exist near current levels, even as the September FOMC minutes cited AI-related borrowing as a new contributor to rising yields and the technical chart points to a 5.41–5.42% resistance zone as the next real test.
The post US 10-Year Yield Tests Its Ceiling as 5.3% Draws Buyers, FOMC Minutes Bring AI Debt Into the Discussion appeared first on ActionForex.
