Treasury Yields Extend Rise as 10-Year Hits Highest Close Since July
US Treasury yields climbed further on Tuesday, with the 10-year note posting its highest close since last July and the 2-year yield reaching its highest level since last June. The move extended earlier pressure that had already pushed the 30-year Treasury yield above 5%, while Japan's 30-year government bond yield rose to 3.835%, underscoring a broader rise in sovereign borrowing costs.
The 5% mark on the US 30-year bond has been an important threshold for markets because higher long-term yields can make government debt more competitive with stocks and raise financing costs for mortgages, corporate borrowing and federal debt. The yield also moved above 5% in late 2023 and early 2025 but failed to stay there.
From the sources (5 posts)
@globalmktobserv⚠️The US 30-year Treasury yield is testing a CRITICAL LEVEL AGAIN: The 30-year US Treasury yield crossed 5.0% on Tuesday, a level that has acted as a critical line in the sand for markets over the last 2 years. At 5%, government bonds bec
@lizannsondersRT @KevRGordon: 2y Treasury yield highest since last June
@globalmktobservRT @GlobalMktObserv: ⚠️The US 30-year Treasury yield is testing a CRITICAL LEVEL AGAIN: The 30-year US Treasury yield crossed 5.0% on Tues…
@globalmktobservRT @GlobalMktObserv: 🚨Japanese government bond yields are surging to historic levels: The 30-year JGB yield is up to 3.835%, the 2nd-highe…
@kevrgordonHighest close for the 10y Treasury yield since last July