Leave your feedback Share Copy URL https://eevb.net/video/xzqoiYCS7cB.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter 30-year Treasury yield spikes to 5.08%, 10-year yield hits 4.59% as GOP bill raises deficit concerns [PzoNLT27ACa] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT Treasury yields moved back to levels that have pressured the economy and financial markets in the past as investors feared a new U.S. tax bill could worsen the country’s budget deficit, a risk highlighted in a Moody’s downgrade of the U.S. credit rating to end last week. The 30-year Treasury bond yield was up about 12 basis points to 5.09%, breaking above the key 5% level for the second time this week and reaching a level not seen since October 2023. The 10-year yield topped 4.6%, and was last 11 basis points higher at 4.59%, returning to levels that caused turmoil in the markets back in April and played a part in President Donald Trump pausing his stiffest tariffs. The 2-year yield advanced 4 basis points, reaching 4.01%. One basis point is equivalent to 0.01%, and yields and prices move in opposite directions. A poor auction at 1 p.m. ET for 20-year debt was the catalyst for taking yields to their highs of the session. BMO called the 20-year auction “lackluster.” The fear is that the buying appetite for U.S. Treasurys could be drying up as the supply of new debt to pay our bills increases. sCacrtuxZEU QFziswFonMS qjSpmCNcwtZ 1kIdGQlop9v ZievYi0ZTKZ
Treasury yields moved back to levels that have pressured the economy and financial markets in the past as investors feared a new U.S. tax bill could worsen the country’s budget deficit, a risk highlighted in a Moody’s downgrade of the U.S. credit rating to end last week. The 30-year Treasury bond yield was up about 12 basis points to 5.09%, breaking above the key 5% level for the second time this week and reaching a level not seen since October 2023. The 10-year yield topped 4.6%, and was last 11 basis points higher at 4.59%, returning to levels that caused turmoil in the markets back in April and played a part in President Donald Trump pausing his stiffest tariffs. The 2-year yield advanced 4 basis points, reaching 4.01%. One basis point is equivalent to 0.01%, and yields and prices move in opposite directions. A poor auction at 1 p.m. ET for 20-year debt was the catalyst for taking yields to their highs of the session. BMO called the 20-year auction “lackluster.” The fear is that the buying appetite for U.S. Treasurys could be drying up as the supply of new debt to pay our bills increases. sCacrtuxZEU QFziswFonMS qjSpmCNcwtZ 1kIdGQlop9v ZievYi0ZTKZ