Economy
US Borrowing Costs Surge as Low-Rate Era Comes to an End
The 30-year Treasury yield hits its highest level since 2007 as US debt crosses $40 trillion, raising concerns about the end of the low-rate era.
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The 30-year Treasury yield hits its highest level since 2007 as US debt crosses $40 trillion, raising concerns about the end of the low-rate era.
Treasury yield hit 4.7%, highest under Trump, as oil topped $100 on Iran war fears, reigniting inflation and pushing mortgage rates higher.
Rising Treasury yields signal investor concern over U.S. fiscal policy as the Iran war and tax cuts drive inflation fears ahead of the midterms.
Treasury yields are surging to multi-year highs, sending warning signals for stocks, the Trump administration, and global markets.