According to the latest data, the U.S. 10-year Treasury yield is approaching 5.3%, the highest level since 2007. To curb inflation, the Federal Reserve has raised rates 6 times in a row, for a cumulative increase of 375 basis points. High interest rates have led to a global return of capital to the United States, pushing up U.S. Treasury yields. Meanwhile, the market expects the Fed may raise rates once more before the end of the year. Current economic data show that inflation pressure remains, but signs of a slowdown in growth are beginning to emerge. #US10YearYieldNears5.3%