30-year U.S. Treasury yield hovers near 5%, signaling unresolved pressure in the bond market

Odaily reports that after breaking through the key 5% level for the first time since July last year, the 30-year U.S. Treasury yield is once again hovering around 5% at the start of this week — indicating that pressure in the world's largest bond market has not eased. This is a significant threshold, and traders are closely watching for signs of a further rise. At the core of this sell-off is market concern that a potential closure of the Strait of Hormuz could push up inflation and reduce the scope for interest rate cuts. Additionally, massive corporate spending in the AI sector has raised worries that short-term price increases may accelerate. (Jin Shi)