Four-Year High for the 10-Year

The 10-year Treasury yield has breached the 2.75% mark and was last hovering at 2.78%, the highest level in more than four years. The Federal Reserve released hawkish statements on Wednesday and acknowledged stronger growth and rising corporate profits support the notion that inflation will rise to its 2% target and set the stage for a March interest rate increase.  Investors’ sentiments continue to be bullish as the global economy is growing along with the nation’s.