US 30-Year Treasury Yield Approaches Highest Level Since 2002

The US 30-year Treasury yield rose for a sixth straight day, nearing its highest level since 2002, as a deepening selloff hit global debt markets. The yield's climb reflects persistent inflation concerns and expectations of prolonged higher interest rates, pressuring bond prices across major economies. Investors are watching for a break above key resistance levels, which could signal further volatility in fixed-income markets.