U.S. 10-Year Treasury Yield Climbs to 4.79%, Reaching Highest Level Since January 2025

The benchmark U.S. 10-year Treasury yield surged to 4.79%, hitting its highest mark since January 2025 following a broad sell-off across global fixed-income markets.
The upward pressure is being driven by a combination of persistent fiscal deficit concerns, shifting monetary policy expectations following comments from Fed Chair Kevin Warsh regarding potential near-term rate hikes, and renewed energy-driven inflation fears from spiking oil prices. The move toward the 4.80% threshold increases borrowing costs across the economy and places renewed valuation pressure on equity markets.