US 30-year yields hit highest level since 2007 as war, oil worries fester - Reuters
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- US 30-year Treasury yields climbed to their highest level since 2007, with Reuters attributing the move to war and oil worries.
- Global bond yields hit multi-decade highs as governments paid the price for the US-Iran stalemate, while Bloomberg reported stocks fell as the bond selloff sapped risk appetite (CNBC, Bloomberg).
Why it matters: A 30-year yield not seen since 2007 means the US government's long-term borrowing costs have crossed a threshold last touched before the global financial crisis, raising debt-service pressure. The simultaneous decline in stocks and bond rout point to investors repricing for sustained geopolitical risk rather than a one-off shock.
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