Business & Finance
US Bond Selloff Drives 30-Year Yields to The Highest Since 2007
Key Points
Bonds US Bond Selloff Drives 30-Year Yields to Highest Since 2007 The yield on 30-year US Treasuries hit the highest in almost two decades, reflecting investor angst over the surging national debt, a flood of long-dated bond sales and inflation that’s been stuck over the Federal Reserve’s target for the past five years. The rate on the so-called long bond rose three basis points to 5.29% on Monday, the highest since 2007. The move pushed it closer to that year’s 5.44% peak during the early...
Bonds
US Bond Selloff Drives 30-Year Yields to Highest Since 2007
The yield on 30-year US Treasuries hit the highest in almost two decades, reflecting investor angst over the surging national debt, a flood of long-dated bond sales and inflation that’s been stuck over the Federal Reserve’s target for the past five years.
The rate on the so-called long bond rose three basis points to 5.29% on Monday, the highest since 2007. The move pushed it closer to that year’s 5.44% peak during the early days of the global financial crisis.