30-Year Treasury Auction Clears Above 5%, Highest Yield Since 2007
BeInCrypto
The U.S. Treasury sold $25 billion in 30-year bonds at a 5.046% yield, marking the highest level since 2007 due to inflation concerns.Summary
The U.S. Treasury recently auctioned $25 billion in 30-year bonds at a yield of 5.046%, the highest level observed since 2007. This significant shift follows reports of rising inflation pressures linked to the conflict between the U.S. and Iran. As Treasury yields climb, financial conditions tighten, increasing borrowing costs and diminishing the appeal of risk assets like Bitcoin and gold, while markets adjust to a 55% probability of a Federal Reserve rate hike by April 2027.
(Source：BeInCrypto)