U.S. 30-Year Treasury Yield Surges to 5.65%, Reaching Highest Level Since 2002

The U.S. 30-year Treasury yield has reportedly climbed to 5.65%, marking its highest level since 2002.
The spike reflects mounting pressures across long-term sovereign debt markets as persistent fiscal deficits, heavy debt issuance, and shifting buyer dynamics continue to drive up benchmark borrowing costs.