US 30-year bond yields hit highest since 2001

The US Treasury has sold 30-year bonds at the highest borrowing costs in 25 years, as investors grow increasingly anxious about mounting public debt and persistently high inflation. The spike in long-term yields signals that markets are demanding a bigger premium to lend to the US government over extended horizons. Separately, Trump has launched tariffs of up to 100% on Chinese drone technology and components, adding a new front to the ongoing trade conflict.