BREAKING 🚨
U.S. 30‑year Treasury yield spikes to 5.44%, its highest since 2004 🚀
The jump follows strong business activity data, rising Fed hike bets, and weak demand at a $70 bn five‑year auction. Investors now demand higher returns, lifting mortgage rates, corporate borrowing costs, and government interest expenses. The Treasury has announced up to $6 bn in long‑bond buybacks, yet yields keep climbing 🔔
Stay tuned for updates ⚡
$NOM, $NIL, $NOM
U.S. 30‑year Treasury yield spikes to 5.44%, its highest since 2004 🚀
The jump follows strong business activity data, rising Fed hike bets, and weak demand at a $70 bn five‑year auction. Investors now demand higher returns, lifting mortgage rates, corporate borrowing costs, and government interest expenses. The Treasury has announced up to $6 bn in long‑bond buybacks, yet yields keep climbing 🔔
Stay tuned for updates ⚡
$NOM, $NIL, $NOM