US 30-year yield reaches 5.612%, highest since June 2002

The 30-year Treasury yield rose to 5.612%, its highest since June 2002, extending a six-session climb. The 10-year yield hit 5.24%, highest since 2007. High oil prices, inflation fears, heavy debt issuance and fiscal concerns continue to drive the global bond selloff. 96 clean stories shaped this window, with sentiment strongly bearish at 28/100. Also in focus: US job openings miss estimates; consumer confidence plunges in September.