datoid

The 10-Year Treasury yield jumped to 7.98% on April 10, 1987, marking a 4.4 standard deviation move above its 60-day average of 7.26%. This represents a sharp break from the relatively stable 7.15-7.35% range maintained through March. The spike coincides with record-low unemployment at 4.30% and rising inflation (CPI up 1.8% over 3 months), suggesting bond markets may be pricing in aggressive Fed tightening concerns. This volatility pattern often signals major shifts in monetary policy expectations or broader economic uncertainty.