U.S. Treasury bond yields surged to their highest levels in over two decades on Thursday, with the 30-year bond briefly reaching around 5.45 percent before retreating slightly. The sharp rise marked the bond’s steepest intraday peak since 2004, reflecting volatile market reactions to economic signals. Traders saw yields spike to 5.446 percent before a modest pullback of roughly two basis points. The fluctuations underscore growing investor uncertainty over long-term borrowing costs amid shifting financial conditions.
The 30-year U.S. Treasury bond yield hit a two-decade high on Thursday, before falling later in the morning. The yield on the 30-year bond reached 5.45 percent during late morning trading, the highest intraday mark since 2004. That peak came after the note hit 5.446 percent and sank by roughly 2 basis points earlier Thursday....
