US 30-year Treasury yield tops 5.6%, reaching highest level since 2002
Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global Treasury market, driven by various economic factors. Rising energy prices are contributing to higher inflation and increased expectations for rate hikes. Notably, a significant corporate bond issuance has also exerted pressure on the market.


