30-Year U.S. Treasury Yield Soars to 5.14%, Highest Since Pre-2007 Financial Crisis - ababnews.com

30-Year U.S. Treasury Yield Soars to 5.14%, Highest Since Pre-2007 Financial Crisis - ababnews.com

Source: ababnews.com

DW NOTE

The 30-year hasn't traded above 5% since November 2006. Back then the Fed was months from cutting into the crisis. Now they're holding at 5.25% while the government borrows $2 trillion annually. The bond market is pricing the fiscal math, and the math says someone else will have to eat the loss.

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