US 30Y Treasury Yield Hits 5.4%, Highest Since 2004, on Strong Data and Hawkish Fed

US Treasury yields surged to multi-decade highs, with the 30-year at 5.402% (highest since 2004) and the 10-year at 5.116% (highest since 2007), driven by stronger-than-expected economic data and a hawkish Fed tone. The move signals persistent inflation and growth resilience, pressuring rate-sensitive assets. Treasury will conduct a $6B buyback auction Thursday, a liquidity measure amid market tension.