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U.S. 10-Year Treasury Yield Rises 23.1 Basis Points Last Week, Breaks Key Resistance

GateNews

2026-05-19 06:00:58

According to DBS strategist Quek Ser Leang, the U.S. 10-year Treasury yield rose 23.1 basis points in the week ending May 16, breaking a weekly downtrend line connecting the 5.021% and 4.809% peaks. This technical breakdown suggests the yield could extend gains further, as similar weekly surges in the past have led to continued rallies, DBS said.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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