30-Year Treasury Yield Hits 5.13% as Global Market Sell-Off Intensifies
The 30-year Treasury yield climbed 12 basis points to 5.13% on Friday, marking its highest closing level since June 2007. This surge in global bond yields, driven by inflationary pressures and hawkish Federal Reserve policy, occurred alongside a broader market sell-off as investors reacted to hotter-than-expected producer and consumer price reports. Bond Market Volatility and … Read more