US 30-Year Treasury Yield Hits Highest Since 2004
US long-dated Treasury yields climbed to their highest levels in over twenty years. Global bond markets faced renewed pressure as rising energy costs and government spending fueled inflation concerns.
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United States long-dated Treasury yields climbed to their highest level in over 20 years on Thursday afternoon, pushing the 30-year yield to 5.48%. The move extended a global bond selloff driven by escalating energy costs and heavy government borrowing.
