30-Year Treasury Yield Crosses 5% for First Time Since 2007 as Stocks Hit All-Time Highs
According to Bloomberg, the 30-year Treasury yield crossed 5% on Friday morning for the first time since 2007 after two inflation reports this week pushed long-dated bond yields higher. The 10-year Treasury yield stood at 4.54%, while the 30-year reached 5.09%.
Meanwhile, the S&P 500 hit new all-ti
US500500-0.83%
GateNews·8m ago
