Treasury Buyers Get 5% Long-Bond Rate for First Time Since 2007
Investors snagged 5% yields on 30-year Treasuries for the first time since 2007, as surging energy prices push inflation — and expectations for more of it — higher.
By Elizabeth Stanton · Bloomberg Markets
Investors snagged 5% yields on 30-year Treasuries for the first time since 2007, as surging energy prices push inflation — and expectations for more of it — higher.