10-year Treasury yield nears 5% ahead of Fed rate decision this week
TheΒ 10-year U.S. TreasuryΒ note yield was little changed on Monday, trading near 5%, close to multi-year highs ahead of this week’s Federal Reserve interest rate decision. The yield on theΒ 10-year U.S. Treasury β which influences mortgages, auto loans and credit card debt βΒ was up less than 1 basis point at 4.983%. On Friday, the benchmark yield…