30-year Treasury yield hits 5.30%, highest since 2007

The 30-year Treasury yield has risen to about 5.30%, the highest since 2007, driven by concerns over U.S. debt, heavy issuance, persistent inflation, and AI-related corporate borrowing. The latest 30-year auction cleared at its highest yield since 2001. The move persists despite softer jobs, inflation, and retail data reducing near-term Fed hike expectations, and the yield curve is steepening. 105 clean stories shaped this window, with sentiment leaning bearish at 43/100. Also in focus: Iran-Oman deal to reopen Strait of Hormuz nearly finalized.