U.S. Treasury yields surged for a third day on Tuesday, with the 30-year yield reaching its highest mark since 2007. The benchmark 10-year yields also increased, getting close to their recent highs. Inflation expectations remained heightened, as shown by breakeven rates. Moreover, an ongoing global bond selloff significantly influenced rising borrowing costs across different maturities.
U.S. Treasury yields surged for a third day on Tuesday, with the 30-year yield reaching its highest mark since 2007. The benchmark 10-year yields also increased, getting close to their recent highs. Inflation expectations remained heightened, as shown by breakeven rates. Moreover, an ongoing global bond selloff significantly influenced rising borrowing costs across different maturities.
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