the benchmark 10year treasury yield rose above 3 monday the first time since 2018 investors may want to pay attention to a different monday move when treasury yields climb sharply it always matters because they are a benchmark for borrowing costs across the us economy and the speed of the recent rise in yields and decline in prices has been notable—there have been only six other comparable treasurymarket selloffs since 2000 according to recent research from nuveen cio saira malik