Bonds Are Starting To Have A Rough Morning

Heads up: it’s been a crazy week for U.S. Treasuries – the bonds have sold off substantially since Federal Reserve Chairman Ben Bernanke’s Wednesday press conference – and yields are rising again today.

Right now, the yield on the 10-year U.S. Treasury note is 2.45%, 4 basis points higher from yesterday’s close.

Before Bernanke, it was at 2.21%.

Bonds have really started sliding in the last hour or so. The chart below shows 10-year Treasury futures this morning.

10 year ust futures

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