US 30-Year Yield Hits Highest Since 2007 on Inflation Angst

Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concern over accelerating inflation fuels a selloff across global debt markets.

The 30-year yield rose seven basis points to 5.19% on Tuesday, reaching a level last seen on the eve of the 2007 global financial crisis, as pressure hits bond markets across Europe and Asia.