“Treasury Yields Surge to Decade Highs, Investors Look to Fed Speakers for Policy Clues”

The Treasury market is experiencing some uncertainty as investors anxiously await hints on policy from the Federal Reserve. Treasury yields have declined as investors look to various Fed speakers for guidance. Meanwhile, the entire Treasury market is yielding at least 4%, including the 30-year Treasury, which is now at this level for the first time in many years. Despite this, the S&P 500 and Nasdaq futures have seen a decline as yields stay high and Tesla slides. The 2-year Treasury yield has reached its highest point in more than a decade, causing concern for some investors. Labor data has also impacted the market, as the 30-year Treasury yield hit 4% on this news. The situation remains tense as investors closely watch the Fed’s every move.