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Yield on 30 year U.S. Treasury bonds hits highest since 2007

  • The Treasury 30-year yield has reached its highest level since 2007 at 4.856%.
  • Bond vigilantes, led by Rick Santelli, are back and predict that 10-year Treasury yields could reach as high as 13%.
  • Santelli argues that the rising yields are a consequence of excessive spending and a ballooning deficit, which the market is using to get Washington's attention.
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  • 75% of the sources lean Left
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The Korea Times broke the news in Korea, Republic of on Tuesday, October 3, 2023.
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