10-year Treasury yield hits 7-month high as traders await Fed pick

• October 25, 2017
• realestate
• Announcements, Business & Markets, Real Estate, Real Estate Finance

Treasurys continued to weaken Wednesday, pushing the yield on the benchmark 10-year note to its highest level since March, as investors await President Donald Trump’s pick to head the Federal Reserve once Chairwoman Janet Yellen’s term ends in February.