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US 30Y Treasury Yield Rises to Highest Since 2004 Amid Intensifying Bond Selloff
2026-09-24 17:09:24
The yield on the 30-year US Treasury rose by as much as 4 bps to 5.44%, reaching the highest level since 2004, as inflation and concerns over government finances fueled a selloff in long-dated bonds.

The continued rise in 30-year Treasury yields undermined the US Treasury Department's efforts to lower long-term borrowing costs. As the selloff intensified, US Treasury Secretary Scott Bessent expanded the government's bond buyback program in mid-August, but the move appeared to have little impact on the market.
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