Treasury Yields Surge: What’s Next for Bonds?

Treasury yields ticked higher Friday after mixed jobless claims data. The 10-year Treasury hit 4.607%, its highest since May, while the 2-year held at 4.334%. Weekly jobless claims dropped to 219,000, beating forecasts, but continuing claims surged to their highest since 2021. With the 10-year yield up over 40 basis points this month, markets brace for a potentially hawkish Federal Reserve in 2025. What’s next for the bond market? #TreasuryYields, #JoblessClaims, #BondMarket, #FederalReserve, #InterestRates, #EconomicData, #USMarkets, #WealthyBusiness, #FinanceUpdate, #MarketTrends