Bond Yields Climb to Another Record
Long-term rates are at decade-plus highs, and their ascent looks far from over.
Yields on 10- and 30-year Treasury rose around 0.08 percentage point in Monday afternoon trading, setting new highs dating back to 2007 and 2011, respectively.
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Bond Yields Climb to Another Record!#bond #stocks #GOLD pic.twitter.com/A0PZoMzaDK
— The_Journalbiz (@the_journalbiz) August 21, 2023
Tulette Preton chart
The 10-year is approaching 4.35% and the 30-year yield is nearing 4.5%.
Debt sales, a strong economy, and an increased likelihood that interest rates will remain elevated for years have lifted both nominal and inflation-adjusted yields, attracting global investors to the U.S.
- 4.334%0.081
- U.S. 30 Year Treasury Bond
- BX:TMUBMUSD30Y (XTUP)
- 4.457%0.077