Bonds: Investors demand record yields for 30-year US bonds
Washington has to offer its debtors as much money as it has not since 2001 in order to get them to buy long-term debt securities. Demand remains high, but so do Washington's costs.
US government bond yields for 30-year terms reached 5.216 percent at a recent auction, the highest in 25 years and a level last seen in 2001. This development puts pressure on US President Donald Trump and his Treasury Secretary, amid massive government deficits and debt. The yield increase is attributed to inflation risks, including the US and Israel's conflict with Iran, which has driven up energy prices. As a result, the Federal Reserve may keep interest rates high for several years.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Bonds: Yields on 30-year US bonds rise to 25-year high handelsblatt.com
