30-Year Treasury Yield Hits 5.47%, the Highest Level Since June 2004

The 30-year Treasury yield closed at 5.47 percent on September 24, the highest since June 2004, as real yields rather than inflation expectations drove the selloff.

The 30-year Treasury yield closed at 5.47 percent on September 24, the highest since June 2004, as real yields rather than inflation expectations drove the selloff.