#us30ytreasuryyieldtops5.40% BREAKING: US 30-year bond yield hits 5
.35%, its highest level in 19 years.
This comes right after hot PPI data showed producer prices rising faster than expected, adding to inflation fears.
It's also happening the same day the
US Treasury
tripled its bond buyback to $6 billion, an effort meant to bring yields down.
Is the Treasury's own effort failing to control this yield crisis?$ARB $SAGA $PUNDIX
.35%, its highest level in 19 years.
This comes right after hot PPI data showed producer prices rising faster than expected, adding to inflation fears.
It's also happening the same day the
US Treasury
tripled its bond buyback to $6 billion, an effort meant to bring yields down.
Is the Treasury's own effort failing to control this yield crisis?$ARB $SAGA $PUNDIX
