Treasury's bond-market push stalls as yields stay high — what's next?

1 min read
Source: MarketWatch
Treasury's bond-market push stalls as yields stay high — what's next?
Photo: MarketWatch
TL;DR

Market turmoil over U.S. debt isn’t cured yet: Treasury’s plan to calm the long‑dated bond market with buybacks and new tools has cooled but not stopped the sell‑off. The 30‑year yield sits around 5.28% and the 10‑year around 4.74% as traders doubt fixes address financing a huge and growing national debt, funded by a multitrillion‑dollar year‑to‑date deficit. Analysts say more steps are coming before November, while tension between Treasury and the Fed at Jackson Hole keeps markets on edge.

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