Bonds
US Yields Hit 14-Month High Amid Auctions, Tariff Speculation
- Thirty-year yield climbs to 4.86%, highest since late 2023
- Speculation around Trump tariffs roils markets on Monday
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The yield on 30-year US Treasuries climbed to the highest in more than a year in a session that gave investors a taste of how President-elect Donald Trump may roil financial markets in the coming months.
The rate on the long bond climbed as much as 5 basis points on Monday to about 4.86%, the highest since November 2023. It was propelled in part by supply pressure, as demand was soft for the first of three Treasury auctions this week and as a slew of high-grade corporate bond offerings competed for investor cash.