30-year Treasury bond yield rises to highest level since 2007

The Hill

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Original Report

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The yield on the U.S. 30-year Treasury bond surpassed 5.3 percent on Tuesday before a slight downtick, foreshadowing an increase in borrowing costs across the country. The 30-year bond yield is 5.284 percent as of Tuesday afternoon, after opening at 5.308 percent and peaking at 5.337 percent earlier in the day. That marked the highest…