Treasury Yields Hit 5.3%

WashingtonThirty-year yields reached 5.3%, a 2007 level.

Higher borrowing costs ripple into mortgages, business loans and the federal deficit itself.

Tariffs, a closed Strait of Hormuz and heavier defense spending have priced more inflation and risk into US debt.

The Treasury already joined Japan to buy yen and doubled its bond buybacks this month.

Sources: Responsible Statecraft