Global Bond Rout Brings Highest US 30-Year Yield Since 2004
US 30-year government bond yields reached their highest level since 2004. The increase is attributed to an ongoing bond selloff fueled by concerns over inflation and fiscal policy.
Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens. Bloomberg Intelligence's Ira Jersey joins to discuss. (Source: Bloomberg)
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