Treasury Yields Nears 5%: Debate Heats Up if Key Rate Will Soon Hit 14-Year High

There is a debate among financial traders if the 10-year Treasury yield will reach 5% soon, with many expecting it in weeks.

Getting to 5% requires more bond selling, while stocks have lost ground this year.

The 10-year yield is just below 5% now, a level not seen since 2007.

Buyers emerged Wednesday after a weak jobs report briefly sent yields lower, raising hopes juicy yields may lure investors.

Analysts are split if data or further stock declines are needed for yields to peak and bonds to rebound.