US Treasury Sells $25B in 30-Year Bonds at 5.046% Yield

The US Treasury sold $25 billion worth of 30-year bonds on Wednesday, clearing at a yield of 5.046%, according to BeInCrypto. This marks the first time since 2007 that 30-year debt was issued with such a high yield. The auction follows recent US inflation reports indicating rising price pressures due to the US-Iran war. Secondary-market yields also rose, with the 30-year hitting an intraday high of 5.05% and the 10-year benchmark reaching 4.49%. Markets are now pricing in a 55% probability of a Federal Reserve rate hike by April 2027.