datoid

The 10-year Treasury yield jumped to 4.29% on Feb 2, marking a 2.2 standard deviation move above its 60-day average of 4.15%. This represents the highest level since mid-January's brief spike above 4.30%. The breakout coincides with robust economic fundamentals: unemployment at historic lows (4.30%), GDP growth accelerating to 1.4% quarterly, and inflation holding steady at manageable levels. Bond vigilantes appear to be pricing in sustained growth momentum rather than recessionary fears. This yield surge tests the Fed's dovish pivot assumptions and raises questions about whether markets are front-running a policy recalibration.