Analysis-As 5% Treasury Yields Lose Shock Value, Investors Start Worrying About 6%
By Marc Jones and Naomi Rovnick LONDON, Sept 23 (Reuters) – For years, 5% on the benchmark US 10-year Treasury yield was viewed as the point at which global financial markets would start hitting turbulence. That threshold is beginning to look less like a ceiling and more like a waypoint. This month’s breach of 5%…