Costliest US Bond Sale Since ’01 Is Investor Warning to Bessent
The U.S. government auctioned $25 billion in 30-year Treasury bonds on Thursday at a yield of 5.216%, the highest interest rate for such debt since 2001. Bond Market Yields Reach Quarter-Century Highs Investors are demanding significantly higher compensation to finance the U.S. government’s growing deficit, pushing interest rates on long-term debt to levels not seen … Read more