30-YEAR TREASURY YIELD BECOMES MARKET’S NEW FEAR GAUGE The US 30-year Treasury yield has become a key market focus as concerns over government debt and fiscal credibility intensify. A Bloomberg survey shows 66% expect the 10-year yield to exceed 5% this year. But KB Securities says investors are too pessimistic. It argues policymakers still have tools to contain yields, including Treasury buybacks, fiscal tightening, Operation Twist and bank deregulation.(*Walter Bloomberg)