 **US borrowing costs surge to 24-year highs**

The yield on the **30-year US Treasury has surged to nearly 5.7%, its highest level since 2002**, as the selloff in American government debt accelerates.

The benchmark 10-year Treasury has also climbed above **5.3%**, likewise reaching a 24-year high. 

Higher Treasury yields mean increasingly expensive financing across the US economy, from government debt and mortgages to corporate borrowing.

 [@DDGeopolitcs](https://t.me/DDGeopolitcs)