WS #14696
The 30-year US Treasury yield has surged to 5.44%, marking the highest level since 2004 and reflecting a structural repricing of long-term sovereign risk. This sell-off is being driven by a combination of persistent inflation expectations, heavy US fiscal supply, and geopolitical uncertainty surrounding the upcoming Trump-Xi talks. The rising cost of capital is exerting immediate pressure on growth valuations and increasing borrowing costs for governments and corporations alike.
Global Bond Sell-Off and Rate Anxiety
The 30-year US Treasury yield has surged to 5.44%, marking the highest level since 2004 and reflecting a structural repricing of long-term sovereign risk. This sell-off is being driven by a combination of persistent inflation expectations, heavy US fiscal supply, and geopolitical uncertainty surrounding the upcoming Trump-Xi talks. The rising cost of capital is exerting immediate pressure on growth valuations and increasing borrowing costs for governments and corporations alike.