Treasury selloff deepens: 30-year yield hits 5.59%, highest since 2004; 10-year at 5.27%

Treasury yields pushed to fresh multi-decade highs, with the 30-year reaching 5.59%, its highest since 2004, and the 10-year up 10 basis points on the day at 5.27%. The selloff followed a weak 7-year note auction and a Treasury buyback that again came in below its cap.

Detected & updated continuously · Source: Nebula