30-Year Treasury Yield Nears Two-Decade High After Trump's Iran Threat

Trump's "economic D-Day" vow against Iran pushed the 30-year Treasury yield past 5.25 percent, near a two-decade high. Treasury Secretary Bessent doubled long-dated debt buybacks to $4 billion, but markets stayed uneasy. Analyst Frederic Schneider flagged a "buyers' strike" since June, driven by the federal deficit, AI-related corporate borrowing, and oil-price inflation. US debt has topped $40 trillion.