<div id="readability-page-1">Yields break milestone: The 30-year Treasury yield exceeded 5% after strong inflation readings and higher oil prices spurred expectations of tighter monetary policy. Stocks face headwinds: The gap between stock earnings yields and Treasury yields is at its widest negative level since 2003, challenging the case for equities. Fed policy uncertainty: Incoming Fed Chair Kevin Warsh may pursue balance sheet reduction, potentially increasing Treasury supply and keeping long-term rates elevated.</div>

道富SPDR彭博1-3个月美国国债ETF

7-10 年美国国债 ETF - iShares

美国短期国债指数 ETF - iShares

20 年期以上美国国债 ETF - iShares

UTHY

美国中期国债 ETF - iShares

GOVI

<p>30 年期国债收益率因强劲的通胀数据和上涨的油价已超过 5%，这导致市场对更紧缩货币政策的预期。股票收益率与国债收益率之间的差距达到了自 2003 年以来的最高水平，这给股票市场带来了挑战。即将上任的美联储主席凯文·沃什可能会实施资产负债表缩减，这可能会增加国债供应并维持长期利率的高位</p>

30-year Treasury yield tops 5% amid inflation pressures

US Treasury 30 Year Bond ETF

Invesco Equal Weight 0-30 Year Treasury ETF

在通胀压力下，30 年期美国国债收益率突破了 5%