30-Year Treasury Yield May Hit 5.5% as Inflation Fears Push It to 5.16%
Updated
Updated · Bloomberg · May 19
30-Year Treasury Yield May Hit 5.5% as Inflation Fears Push It to 5.16%
5 articles · Updated · Bloomberg · May 19
5.5% is emerging as the next key target for 30-year US Treasury yields after the long bond climbed to 5.16% this week.
Citigroup strategist Jim McCormick said traders are shifting their focus to that round-number level as inflation concerns spread across markets.
The move has pushed long-end yields close to their highest levels since 2007, underscoring how persistent inflation worries are driving the selloff in longer-dated Treasuries.
With US debt costs surging, how will rising bond yields reshape the government's ability to spend and borrow?
As inflation pushes bond yields toward 19-year highs, what economic shock could finally break the upward spiral?
If most investors now expect 6% yields, what cascading failures could this trigger across the global financial system?