The 30-year Treasury yield just hit a level it hasn’t seen since before the Great Recession. Do the bond vigilantes ride again?
The 30-year Treasury yield has surged to its highest point since before the Great Recession, reaching 5.198%. While some analysts dismiss the idea of "bond vigilantes" influencing this rise, others point to significant uncertainty about future inflation as a primary driver. Geopolitical events like the Strait of Hormuz closure and concerns over potential Federal Reserve policy under Kevin Warsh are also contributing factors to investor apprehension. AI
