The yield on U.S. 30-year Treasury bonds rose 6 basis points to 5.25%, extending its recent climb to levels not seen since 2007. Because bond prices and yields move in opposite directions, the increase points to higher long-term borrowing costs for products including mortgages and corporate debt. Market pricing appears to reflect expectations for persistently elevated long-term interest rates, with a decreased likelihood of the Federal Reserve pausing rate adjustments at upcoming meetings and a possible shift toward maintaining or raising rates. Investors will monitor comments from key Federal Reserve officials, including Chairman Kevin Warsh, ahead of the Sept. 16 FOMC (Federal Open Market Committee) meeting. Data showing persistent inflation or economic growth, along with GDP growth and inflation readings, could influence the Fed's stance and further affect bond yields and broader financial conditions. Vera offers live prediction-market analysis and invites users to sign up.