[U.S. 30-Year Treasury Real Yield Rises to 3%, Hits Post-Financial Crisis High] MTS posted that the real yield of U.S. 30-year inflation-protected Treasury bonds (the 'real interest return' after accounting for inflation) has risen to 3%, marking the highest level since the 'Great Recession.' In addition to fiscal deficits, inflation, and Federal Reserve policies, MTS believes that AI infrastructure financing may drive up long-term interest rates: As of July, hyperscale cloud providers, data centers, and AI infrastructure projects have issued $308 billion in debt, a year-on-year increase of approximately 13 times, creating competition for funds with long-term U.S. Treasury bonds.