US 30-year bond yield rises to 5.35%, highest since 2007

  • US 30-year bond yield rises to 5.35%.
  • 5.35% is the yield’s highest level since 2007.
  • The 30-year maturity represents long-term borrowing costs.

The US 30-year bond yield rose to 5.35%, its highest level since 2007. The increase marks a notable rise in long-term borrowing costs and reflects movement in one of the market’s key maturity benchmarks.

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