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The 10-year rose about 238 basis points in 2022, its biggest yearly climb since at least 1953, according to Refinitiv data, as the U.S. central bank raised interest rates at its fastest pace since the 1980s to fight stubbornly high inflation after years of loose monetary policy.
The 10-year rose about 238 basis points in 2022, its biggest yearly climb since at least 1953, according to Refinitiv data, as the U.S. central bank raised interest rates at its fastest pace since the 1980s to fight stubbornly high inflation after years of loose monetary policy.