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US Treasury yields hit highest level since 2007
US 30-year Treasury bond yields have surged to 5.311%, marking their highest level since June 2007. Despite recent US economic data suggesting a slowdown in retail sales and the labor market, long-term yields continue to climb. Analysts from Fundstrat suggest that yields could potentially reach between 5.60% and 5.70%.
This upward trend is partly attributed to rising yields in Japanese government bonds (JGB), which have spilled over into US markets. Additionally, US Treasury Department data shows that major foreign holders, including the United Kingdom, China, and Japan, reduced their bond holdings in June.
Separately, Barclays has noted the emergence of a ‘Sell-America’ narrative within interest and currency markets. While equity markets remain near record highs, investors are facing volatility driven by uncertainty regarding Federal Reserve policy, the unwinding of Yen-carry trades, and skepticism surrounding the long-term sustainability of artificial intelligence investments.
Entities
Barclays · Federal Reserve · Fundstrat · HSBC · Mark Newton · US Treasury · United States · Wall Street
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Barclays identifies signs of a returning ‘Sell-America’ narrative within interest and currency markets. www.finanzen.at
- [● 2 SOURCES] Foreign holdings in US Treasuries decreased in June, with major holders including the UK, China, and Japan reducing their portfolios. economytoday.sigmalive.com · www.newmoney.gr
- [● 2 SOURCES] Rising yields in Japanese government bonds (JGB) have directly impacted US markets, pushing long-term bonds to multi-year highs. economytoday.sigmalive.com · www.newmoney.gr
- [● 2 SOURCES] The yield on 30-year US Treasury bonds reached 5.311%, its highest level since June 2007. economytoday.sigmalive.com · www.newmoney.gr
- [● 2 SOURCES] Long-term yields could potentially rise to between 5.60% and 5.70%. economytoday.sigmalive.com · www.newmoney.gr
- [○ 1 SOURCE] Market nervousness is driven by Fed policy uncertainty, Yen-carry trade unwinding, and doubts regarding AI investment sustainability. www.finanzen.at