POPA Recon30-YEAR TREASURY YIELD ERASES INTERVENTION DROP
30-YEAR TREASURY YIELD ERASES INTERVENTION DROP The 30-year Treasury yield surged as high as 5.286%, its highest since August 18. That’s near levels seen before Treasury Secretary Scott Bessent’s bond-market intervention last month, which temporarily pushed yields lower. The impact has proved short-lived, with the 30-year yield recently trading just below 5.26%, signaling renewed pressure on long-term U.S. borrowing costs. (@WalterBloomberg)
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