Treasury interest rates just decoupled from bond yields. That's the news.
They were only coupled in the first place because treasuries were seen as the safest of havens. That means everything else had to pay more interest than them. So is that no longer the case?
The last Fed meeting saw high inflation and decided not to adjust interest rates, with the stated reasoning that the market will fix it by itself. This could be how the market fixes it by itself.
Late update: by "treasury interest rates" of course I mean the Fed interest rates. By definition, the "Treasury interest rate" is the yield on a treasury bond.
Short term government bond yields are trading within the fed interest rates (as it should be) and long term yields are a bit higher as it usually is (an inverted yield curve is rare). It's nothing unusual.
They were only coupled in the first place because treasuries were seen as the safest of havens. That means everything else had to pay more interest than them. So is that no longer the case?
The last Fed meeting saw high inflation and decided not to adjust interest rates, with the stated reasoning that the market will fix it by itself. This could be how the market fixes it by itself.