"Treasury Yields Surge to 5% as Stock Market Reacts: Analysts Warn of Potential Sell-Off"

Yields on the 10-year Treasury note have surged to 4.70%, prompting concerns of a potential spike to 5% and a disorderly sell-off, as analysts reevaluate Federal Reserve rate expectations. Vanguard's head of international rates warns of a "danger zone" and the risk of a severe market selloff if yields surpass 4.75%. Despite negative sentiment, opportunistic buying and successful Treasury auctions indicate underlying market confidence in Treasury securities.