30-YEAR TREASURY YIELD CLIMBS TO 5.64%

The 30-year Treasury yield, tracked by $TYX, closed at 5.64% on October 6, up from 5.61% a week earlier, according to Treasury Department data. The 2-year note trades at 4.46%, leaving a gap of nearly 120 basis points versus the long bond. Long-dated US debt keeps getting repriced higher even as short rates hold steady.