(Bloomberg) - Long term interest rates in the U.S. have been heading higher. Yields on 10-year Treasury notes have risen almost half a percentage tojust under 4.70% this week. That’s the highest since January 2025. This raises some obvious questions, such as what’s driving the rise and are the reasons mainly cyclical or should they be viewed as systemic and of deeper concern?
Och, who left New York-based Sculptor in 2019, said in a statement that he wants a Delaware judge to halt the buyout until a rival group led by Saba Capital Management’s Boaz Weinstein is able to present its higher bid to shareholders.
