US 5-year yield reaches the highest level since 2007

<p>The US 5-year yield has reached 4.513%. That takes the yield to the highest level since August 2007. Looking at the weekly chart, the next part comes in at 4.875% followed by the swing high going back to 2006 at 5.240%.</p><p>Meanwhile, the 10-year yield extended the high from yesterday to 4.363%, and that is also the highest level since November 2007.</p>

This article was written by Greg Michalowski at www.forexlive.com.