30-Year Treasury Yield Hits 5.12 Percent, Highest Level in 19 Years

What was said

"The 30-year yield closed at 5.12. That is over a 19-year high, maybe a 20-year high. In fact, there was a bond auction couple of days ago where the coupon on the 30-year Treasury was 5% for the first time in 19 years. Why is this more significant than what's happening in the 10-year? Because the 30-year is more sensitive to the problems that are making bonds go down, which is inflation."

Schiff noted the 30-year Treasury yield reached 5.12%, its highest close in nearly two decades, signaling long-term inflation concerns among bond investors. He emphasized this metric is more significant than 10-year yields because the 30-year duration incorporates 20 additional years of inflation risk, revealing deeper market skepticism about U.S. fiscal stability.