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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.
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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