๐บ๐ธ๐ 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.
๐ด @DDGeopolitcs
๐บ๐ธ๐ US borrowing costs surge to 24-year highs The yield on the 30-year US Treasury has surged to near
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