Treasury yields from 2 years to 30 years spiked today – along with crude oil prices and inflation fears – after Iranian attacks on oil facilities in the United Arab Emirates, commercial ships, and US Navy ships.
The 30-year Treasury yield jumped by 6 basis points at the moment to 5.03%, the highest since May 2025, and is now 139 basis points above the Federal Funds Rate of 3.64%.
The 10-year Treasury yield spiked by 7 basis points at the moment, to 4.45%, the highest since the top of the spike in July last year.
The 3-year Treasury yield spiked by 9 basis points to 4.0%, the same as the top of the spike at the end of March, and both the highest since June 2025 and 36 basis points above the EFFR.
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Which raises a question: How many more Fed rate cuts would it take in this inflationary era to drive the 30-year Treasury yield to 6%?
Treasury yields from 2 years to 30 years spiked today – along
