US 10-Year Treasury yield tops 4.4% for 8-month high, eases to ~4.32% on ceasefire reports

The U.S. 10-year Treasury yield rose above 4.4% this week, the highest level in about eight months, then slipped back to around 4.32% on Wednesday after reports pointed to possible de-escalation in the Middle East. The prior jump came as investors repriced inflation and fiscal risks, with Tuesday’s close near 4.39% and Wednesday trading around 4.32%–4.33%.