US Bond Market Cracks Show as 30-Year Treasury Clears Above 5% for First Time Since 2007

The U.S. Treasury sold $125 billion in new debt during the week of May 11, with buyers demanding the highest yields on 30-year bonds in nearly two decades. Investors Push 30-Year Treasury Yield Above 5% as U.S. Auction Demand Falls to 2007 Lows The three auctions, covering 3-year notes, 10-year notes, and 30-year bonds, settled […]...