welcome
Yahoo Finance

Yahoo Finance

Business

Business & Economics

Wall Street braces for more bond turbulence as traders bet Washington won't tackle deficits

Yahoo Finance
Summary
Nutrition label

86% Informative

The 30-year Treasury yield climbed to 5.15% last week , nearing its highest levels since 2007 .

The 10-year yield (^TNX) had pressed above 4.6% , its highest level since February .

Concerns stem from a combination of fiscal challenges, persistent inflation, and political uncertainty.