U.S. 30-Year Treasury Yield Hits 5.16%, Highest Since October 2023, as Inflation Concerns Trigger Global Bond Selloff

According to BlockBeats, on May 18, global bond markets experienced a sharp selloff as investors fled amid inflation acceleration concerns. The 30-year U.S. Treasury yield surged to 5.16%, reaching its highest level since October 2023, after oil prices extended gains following President Trump's pressure on Iran regarding war settlement negotiations. The 10-year and 2-year Treasury yields also hit their highest levels in nearly 15 months, touching 4.63% and 4.10%, respectively. Japan's 30-year bond yield jumped 20 basis points to 4.2%, marking its highest since issuance in 1999.
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