US bond market: Highest yield since 2001 for 30-year TIPS bond - Bessent brings further buybacks into play
In a new government auction, the highest yields were achieved for 25 years. US Finance Minister Scott Bessent is expecting further interventions.
The US Treasury Department has achieved a multi-decade high in yields on US government bonds, specifically on a $8 billion 30-year inflation-protected security, known as TIPS. The Real yield of 2.973 percent is the highest since 2001. This comes amid turmoil in the bond market and follows last week's auction of a 10-year benchmark bond which had its highest yield since the 2007 financial crisis. The 30-year US government bond was issued at a yield of 5.215 percent, also the highest since 2001.
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.
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- US bond market: Highest yield since 2001 for 30-year TIPS bond handelsblatt.com
