30-Year U.S. Treasury Yield Reaches Highest Level Since 2004
Source Summary
The 30-year U.S. Treasury bond yield reached 5.45 percent during late morning trading on Thursday, marking its highest intraday level in more than 20 years since 2004. The yield subsequently declined by approximately 2 basis points from its peak earlier in the session.
Why it matters
Long-term Treasury yields at two-decade highs signal elevated borrowing costs for the U.S. government and broader economy, affecting mortgage rates, corporate financing, and investment decisions.
