Summary
- The US 30-year Treasury yield rose above 5.29%, reaching its highest level since 2007.
- According to Walter Bloomberg, an overseas financial breaking-news channel, the US 30-year Treasury yield climbed as high as 5.29% during trading.
- The rise in long-term Treasury yields may reflect market expectations for persistent inflation, fiscal pressures and the outlook for monetary policy.
The US 30-year Treasury yield rose above 5.29%, reaching its highest level since 2007.
Walter Bloomberg, an overseas financial breaking-news channel, reported on August 17 that the 30-year Treasury yield climbed as high as 5.29% during trading.
The rise in long-term Treasury yields may reflect market expectations for persistent inflation, fiscal pressures and the outlook for monetary policy.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.