BusinessUS Treasury Yields Hit 24-Year Highs Amid Inflation Concerns
US Treasury yields surged to their highest levels since 2002, with 10- and 30-year yields rising to 5.34% and 5.7% respectively. The rise reflects ongoing inflation pressures and expectations of further Federal Reserve rate hikes. The ISM services report showed increased cost pressures, supporting the outlook for yields to potentially exceed 6% soon, driven by economic expansion and AI infrastructure spending.
Mint Markets·




