Euronews
Europe · 4 hrs ago
✦ 78◉ Centre
US 30-year bond yield tops 5% as Kevin Warsh takes Fed helm and inflation rises
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Credibility 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
The US Treasury's 30-year bond yield exceeded 5% for the first time since 2007, coinciding with the Senate's confirmation of Kevin Warsh as Federal Reserve chair, reflecting investor concerns about inflation.
US 30-year bond yield tops 5% as Kevin Warsh takes Fed helm and inflation rises
The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.
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