Treasury selloff deepens: 30-year yield hits 5.53%, highest since 2004; 10-year at 5.2%, highest since 2007

Treasury yields pushed to fresh multi-decade highs, with the 30-year at 5.53%, its highest since 2004, and the 10-year at 5.2%, its highest since just before the 2008 financial crisis. 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