The 30-year Treasury yield just hit its highest since 2002 and the global bond sell-off is back on. This is a term-premium story, not a Fed story — the long end is doing the damage, and it feeds strai
30-year Treasury yield at 2002 high signals resumed global bond sell-off.
What changed
30-year Treasury yield at 2002 high signals resumed global bond sell-off.
Why it matters
30-year Treasury yield at 2002 high signals resumed global bond sell-off. — impact context not separately stored; see What changed.