
30-year Treasury yield hits 19-year high, stoking fiscal fears

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The 30-year Treasury yield hit a 19-year high of 5.2%, with 10-year yields also reaching their highest since 2007. This surge raises fiscal concerns, as higher interest costs could consume 30% of federal revenues by 2036, exceeding Medicare spending. Although easing U.S.-Iran tensions briefly boosted bond demand, long-term worries about fiscal strain and inflation persist.

