Rise in 20-year Treasury Bond Yields
The 20-year Treasury bond yield has surpassed 5% due to concerns about inflation and wider deficits under President-elect Donald Trump's policies. This rise in yields is driven by sticky inflation, robust growth, and uncertainty about Trump's agenda, forcing bond investors to consider a return to 5% benchmark yield. Traders are increasingly betting on higher yields, with the possibility of reaching 5% becoming more likely.