30-year Treasury yield surges to 5.14%, logging highest level in nearly two decades. Analysts declare federal budget metrics unsustainable. Target 6%?
Fixed-income sell-offs intensified today as the 30-year U.S. Treasury yield breached a multi-decade ceiling… The long-bond yield settled at 5.14%, marking its highest operational point since the dawn of the 2007 financial crisis… Aggressive selling pressure accelerated across the entire curve following persistent energy shocks and a hotter core inflation matrix… Market desks report institutional …