<div id="readability-page-1">For years, the bond market sat quietly in the background while investors chased soaring technology stocks and cheap borrowing costs fueled economic growth. Now, long-term Treasury yields are commanding attention again — and not in a reassuring way. The yield on the 30-year U.S. Treasury bond recently climbed above 5%, a level not seen since 2007, j...</div>

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<p>The yield on the 30-year U.S. Treasury bond has surged above 5%, the highest since 2007, leading to a projected increase of $2 trillion in federal debt expenses. This shift marks a significant change in the bond market's role as investors previously focused on technology stocks and low borrowing costs.</p>

iShares 7-10 Year Treasury Bond ETF

Surging 30-year Treasury yields push federal debt expenses up by a projected $2 trillion