Jim Bianco
Jim Bianco|May 19, 2025 05:23
*TREASURY 30-YEAR YIELD RISES TO 5%, FIRST TIME SINCE APRIL 30-year yield reached 5.02% intraday on April 9, 2025. The chart below shows that the last time the 30-year CLOSED (6PM ET mark) at 5% or higher was October 31, 2023. 5.11% on October 19, 2023, was the highest closing yield since July 2007 (18 years ago). Restated, the 30-year yield is 12 basis points away from a new 18-year high. --- For deflationistas ... imagine where yields would be if tariffs were not deflationary!
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