The term premium of the US 10-year treasury bond bonds rose to a multi-year high, and the long-term interest rate rose or stayed longer

The New York Federal Reserve model shows that the maturity premium of the US 10-year treasury bond bonds has risen by about 40 basis points to about 0.98% since mid September, reaching the highest level since 2014, and the yield of the 10-year treasury bonds has risen by about 30 basis points over the same period; Another model shows that the 10-year term premium rose to 1.08%, the highest since 2010; Frank Rybinski, head of macro strategy at Aegon Asset Management, stated that all indicators currently point to an increase in term premiums, and this round of long-term interest rate hikes may be more sustained than a market driven solely by Federal Reserve policy expectations.