10-year Treasury yield jumps to 4.67% amid inflation fears

The 10-year Treasury yield has surged to 4.67%, the highest in over a year, driven by inflation concerns and global tensions. This rise in yields is expected to increase borrowing costs and negatively impact stock valuations, particularly for small- and mid-cap firms. Analysts predict yields may exceed 5% by late summer, influenced by inflation trends and Federal Reserve policies.