Daily Market Updates: 30-year Treasury yield tops 5.33% near highest since 2002

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30-year Treasury yield tops 5.33% near highest since 2002

CNBC Markets said the 30-year yield was up more than 1 basis point to about 5.322% and sat just below its post-2002 peak amid inflation and spending concerns.

Reported · Written up by our desk · Government Bonds

U.S. 30-year Treasury yields rose again on Tuesday, topping 5.33% and reaching the highest levels seen since 2002, according to CNBC Markets.

The outlet reported that the yield was up more than 1 basis point to trade around 5.322%, with investors focused on inflation and concerns about government spending.

With yields near their long-term peak, Treasury market pricing continued to reflect heightened sensitivity to inflation expectations and fiscal outlook.

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Sources

CNBC Markets30-year Treasury yield tops 5.33%, new 19-year high on inflation, spending concerns

CNBC World30-year Treasury yield tops 5.33%, new 19-year high on inflation, spending concerns

Bonds & Rates

30-year Treasury yield tops 5.33% near highest since 2002

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