30-Year Treasury Auction Clears Above 5%, Highest Yield Since 2007
The US Treasury offered $25 billion price of 30-year bonds on Wednesday, with the public sale clearing at a yield of 5.046%. The sale follows back-to-back US inflation reviews this week that pointed to mounting worth pressures pushed by the US-Iran conflict. Iran War Inflation Shock Drives Long-End Yields Higher According to the Financial Times,…
