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 …

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