The Iran War’s Hidden Bill: 30-Year Treasury Yields Hit 5% for the First Time Since 2007

The US government borrowed long-term money on Wednesday at a cost it hasn’t paid since before the global financial crisis, as two consecutive weeks of hotter-than-expected inflation — driven by the energy shock from the Iran war — pushed 30-year Treasury yields above 5% for the first time since 2007. The Treasury sold $25 billion […] The post The Iran War’s Hidden Bill: 30-Year Treasury Yields Hit 5% for the First Time Since 2007 appeared first on the deep dive.