WS #15150
The 30-year US Treasury yield has surged past 5.62%, testing levels not seen in over twenty years. This spike in long-term borrowing costs is driving a broad selloff in duration-sensitive assets, including a 5% decline in the TLT ETF over the past week. The move reflects a market repricing of long-term inflation and fiscal risk, creating significant headwinds for growth stocks, real estate, and high-multiple technology names despite recent inflation cooling.
Treasury Yields Spike
The 30-year US Treasury yield has surged past 5.62%, testing levels not seen in over twenty years. This spike in long-term borrowing costs is driving a broad selloff in duration-sensitive assets, including a 5% decline in the TLT ETF over the past week. The move reflects a market repricing of long-term inflation and fiscal risk, creating significant headwinds for growth stocks, real estate, and high-multiple technology names despite recent inflation cooling.