10-year Treasury yield surpasses 4% for first time in months on brighter economic picture

The benchmark 10-year Treasury yield burst through 4% for the first time since July on Monday, as traders continued to sell off U.S. government debt following last week’s stronger-than-forecast jobs data.

The benchmark 10-year Treasury yield burst through 4% for the first time since July on Monday, as traders continued to sell off U.S. government debt following last week’s stronger-than-forecast jobs data.