<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個月美國國債ETF

7-10 年美國國債 ETF - iShares

美國短期國債指數 ETF - iShares

20 年期以上美國國債 ETF - iShares

UTHY

美國中期國債 ETF - iShares

GOVI

<p>30 年期國債收益率因強勁的通脹數據和上漲的油價已超過 5%，這導致市場對更緊縮貨幣政策的預期。股票收益率與國債收益率之間的差距達到了自 2003 年以來的最高水平，這給股票市場帶來了挑戰。即將上任的美聯儲主席凱文·沃什可能會實施資產負債表縮減，這可能會增加國債供應並維持長期利率的高位</p>

30-year Treasury yield tops 5% amid inflation pressures

US Treasury 30 Year Bond ETF

Invesco Equal Weight 0-30 Year Treasury ETF

在通脹壓力下，30 年期美國國債收益率突破了 5%