Today at 3:30 AM
US Treasury market struggles as tariff fears resurge
US Treasuries weakened in early June, with 30-year bond yields surging to 5%, driven by renewed concerns over President Donald Trump’s tariff policies during a critical week for economic data, Bloomberg reported. Yields rose 4–7 basis points across all maturities.
Long-term bonds faced heightened pressure from fiscal worries. The 10-year yield climbed over 6 basis points to a session high of 4.47%, while the 30-year yield briefly topped 5%. Tom di Galoma of Mischler Financial noted that large investors remain favoring shorter-term securities.
Analysts highlighted growing market anxiety over the US budget deficit and rising public debt. Meanwhile, the US dollar index approached its lowest level since 2023, Bloomberg noted.
Recommended
Today at 3:30 AM
Today at 12:30 AM
Yesterday at 3:00 PM
Yesterday at 2:45 PM
Yesterday at 2:30 PM
Top news
Yesterday at 3:00 PM
Yesterday at 9:00 AM
31 October
30 October