The U.S. 10-year Treasury yield rose Tuesday and hit a 14-month high as coronavirus vaccine rollouts and planned infrastructure spending boosted expectations of a broad economic recovery and rising inflation.The yield on the benchmark 10-year Treasury note jumped to 1.749% at 9:15 a.m. ET. It hit 1.776% earlier in the session, the first time trading around that level in January 2020.The yield on the 30-year Treasury bond rose to 2.432%. Yields move inversely to prices.The rise in yields comes a day ahead of President Joe Biden revealing details of his infrastructure plan. The recovery package will include up to $3 trillion …
