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30-Year US Treasury Yields Hit Highest Level Since 2002
Original: 🟠 UPDATE 30-Year U.S. Treasury Bond Yields Reach Highest Level Since 2002 The US dollar rose against major currencies as
Yields on 30-year US Treasury bonds have climbed to their highest level since 2002, while the US dollar rose against major currencies. Investors are watching upcoming economic data for clues on the Federal Reserve's interest-rate path, and the Australian dollar slipped after the country's central bank delivered a rate hike, adding to pressure across global bond and currency markets.
Why now: Soaring long-term US borrowing costs and dollar strength are shaking markets as traders await Federal Reserve policy signals.
US TreasuryFederal ReserveUS dollarReserve Bank of AustraliaAustralian dollar
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/383932