30-Year Treasury Yields Breaks Past 4.94%
Longer-term bonds sold off on Tuesday as fears about stronger economic growth pressured demand for safer investments.
The 30-year yield briefly touched 4.942%. If it closes at that level, it’ll be the highest since Jan. 14, when yields closed at 4.983%.
Higher yields create opportunities for investors to step in and buy, but given yields move inversely to bond prices, it also means lower prices for the trillions of dollars in government bonds held by investors.
Latest News
- Stock market today: Dow, S&P 500, Nasdaq fall with Walmart earnings, retail sales data in focus
- How To Earn $500 A Month From Applied Materials Stock Ahead Of Q2 Earnings
- Cyberattack-hit M&S says food availability improving every day
- Should You Consider Adding Mueller Water Products (MWA) to Your Portfolio?
- PayU gains final nod for online payment aggregation in India
- What Gives Brookfield Corporation (BN) Significant Opportunities for Growth?