U.S. Treasury yields tick higher as global bond rout slows

Live updates

1. 2h ago

   U.S. Treasury yields rise as global bond sell-off continues

   U.S. Treasury yields are ending the week sharply higher as a global bond sell-off deepens. While the pace of the global rout has slowed, borrowing costs continue to climb worldwide. The 30-year Treasury yield has reached its highest level since 2004, and some yields have hit the 5% mark. This volatility has left bond markets on edge and created new challenges for the Federal Reserve and Kevin Warsh.

   Why it matters

   Rising yields typically increase borrowing costs for consumers and businesses. The current surge represents a market environment unfamiliar to many investors. This shift occurs alongside rising oil prices.

   What is confirmed

   • U.S. Treasury yields are ending the week sharply higher.
   • A global bond sell-off is increasing borrowing costs worldwide.

   Still unconfirmed

   • Bond yields at 5% mark a new era until something breaks.
   • Surging Treasury yields pose a new problem for Kevin Warsh and the Fed.

   What to watch next

   • Federal Reserve policy responses to surging yields
   • Further movements in 30-year Treasury yield peaks
   • Changes in global borrowing cost trends
   Sources used for this update (10)

   1. CNN — Global bond sell-off deepens, sending borrowing costs higher around the world
   2. finance.yahoo.com — 30-year Treasury yield hits highest level since 2004 — what it means for stocks: Chart of the Day
   3. The New York Times — Bond Markets Are on Edge and Oil Prices Rise
   4. CNBC — Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed
   5. Bloomberg.com — Bond Yields at 5% Mark New Era 'Until Something Breaks'
   6. cnbc.com — U.S. Treasury yields tick higher as global bond rout slows
   7. WSJ — U.S. Treasury Yields Are Ending the Week Sharply Higher
   8. Bloomberg — This Is a World Many Bond Investors Have Never Seen Before
   9. Axios — No end to the sell-off in government bonds
   10. jen.jiji.com — Raimondo Todaro, a new phase of life: "I'm happy, Giorgia is by my side now"
   confidence 90%