US 30-Year Treasury Yield Hits 5.367%, Set for Highest Close Since June 2004
JH Kim
Summary
- The US 30-year Treasury yield climbed to 5.367%, raising the chances of its highest close in more than 22 years.
- If it closes at current levels, it would mark the highest closing level since June 2004.
- The sharp rise in long-term Treasury yields is also increasing rate pressure in the US bond market.
Forecast Trend Report by Period
The US 30-year Treasury yield climbed to 5.367%, putting it on course for its highest close in more than 22 years.
Walter Bloomberg reported on September 23 that the 30-year Treasury yield rose as high as 5.367% in intraday trading.
If it closes at current levels, it would mark the highest closing level since June 2004.
The sharp rise in long-term Treasury yields is also increasing rate pressure in the US bond market.
JH Kim
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