US 30-Year Treasury Yield Hits Highest Since 2002 at 5.6%
The yield on the 30-year US Treasury bond has risen to 5.6%, the highest level since 2002. This rise is part of a prolonged selloff in the global Treasury market, driven by factors including rising energy prices, higher inflation, and increased expectations of interest rate hikes. Additionally, significant corporate bond issuance has added pressure to the market.
ET Markets·2h ago



