Global Bond Rout Brings Highest US 30-Year Yield Since 2004
AI Summary
Yields on the United States' longest-dated 30-year bonds have reached their highest levels since 2004 amid a global bond selloff. The surge reflects inflation fears and concerns over government debt burdens worldwide.
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)