BusinessUS 30-Year Treasury Yields Surge to 2002 Levels Impacting India
US Treasury bond yields surged sharply, with the 30-year yield reaching 5.544%, the highest since June 2002. This rise is driven by expectations of prolonged Federal Reserve rate hikes, rising oil prices, heavy government borrowing, and strong US economic growth amid AI investments. The surge affects global markets, including India's Sensex and Nifty indices, reflecting concerns over inflation and interest rates.
Mint Markets·3h ago


