According to the latest search results, the U.S. 30-year Treasury yield has climbed to its highest level since 2004, currently around 4.8%. This increase is mainly driven by the Federal Reserve’s ongoing rate hikes aimed at curbing inflation. Since the beginning of 2023, the Fed has raised rates five times, for a cumulative increase of 500 basis points, leading market expectations to suggest further hikes may be coming. In addition, inflation data remains stubborn: in July, the Consumer Price Index (CPI) rose 3.2% year over year, higher than the market expectation of 3.1%. The high interest-rate environment has pushed long-term bond yields higher. The 30-year Treasury yield has broken through the psychological barrier of 4.8%, reflecting investors’ concerns about the economic outlook. Market analysts believe that if the Fed continues its tightening policy, yields may rise further. #US30YearYieldHighestSince2004