🏦 Treasury Secretary Bessent told CNBC the government could increase its debt buybacks beyond the announced $4 billion per issue, aiming to push back against surging long-term yields.
The U.S. 30-year Treasury yield hit its highest level since 2007, as Trump said he won’t try to revive the stalled Iran truce, which technically expired Monday. Japan, Germany, and France also saw multi-decade highs in long bond yields.
📈⚠️ The 30-year Treasury yield spiked to 5.25%, its highest since 2007, while the 10-year topped 4.7%, its highest since Jan 2025, as investors lose faith in Fed Chair Kevin Warsh’s inflation-fighting resolve.
