datoid

The 10-year Treasury yield jumped to 4.44% on March 27, marking a 2.6 standard deviation move above its 60-day average of 4.19%. This represents a sharp acceleration from the gradual climb that began in early March. The spike coincides with unemployment hitting record lows at 4.30% while CPI reached record highs at 332.41—a classic inflationary pressure scenario. GDP growth of 1.4% over 3 months suggests economic resilience that may be fueling rate expectations. With yields breaking significantly above recent ranges, are we seeing bond markets finally pricing in a sustained inflationary regime?