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The 30-year US Treasury yield rose to 5.706%, a 24-year high; Brent crude oil surpassed $101.
The U.S. 30-year government bond yield rose to 5.706%, a new high since 2002, and the 10-year government bond yield climbed to 5.323%, as global bond selling resumed ahead of the Federal Reserve meeting minutes. Meanwhile, Brent crude oil prices surpassed $101 due to geopolitical pressures. Danske Bank warned that 10-year and 30-year U.S. Treasury yields could reach 6% as investors demand higher long-term risk premiums.
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