Economy|Finance|Stock Markets|US
As 5% Treasury yields lose shock value, investors start worrying about 6%
For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global financial markets would start hitting turbulence. That threshold is beginning to look less like a ceiling and more like a waypoint.This month's breach of 5% - something that has happened only briefly in recent decades - has forced investors to contemplate an unsettling question: What if 6% is the new number that should be keeping them awake at night? The latest move above 5% has not lasted long enough yet to properly test that theory. But it has always been a psychological marker rather than an au
