US 30-Year Treasury Yield Reaches Highest Level Since 2007
The US 30-year Treasury yield climbed to a two-decade high of 5.20%, last seen in 2007, amid growing concerns over inflation and potential interest rate hikes by central banks. The selloff has spread across global bond markets and into equities as investors demand higher compensation for holding long-term debt.
Tickers: $MORN
Topics: Federal Reserve policy inflation concerns Treasury yields