Treasury yields are surging to new highs, signaling a potential new normal for markets — and investors are taking notice. With the 30-year yield hovering above 5% for 14 straight days, the U.S. isn’t alone: global bond yields are climbing too, fueled by rising oil, strong economies, and record borrowing. But here’s the twist — it’s not inflation driving the rally, it’s real yields, making bonds more attractive than stocks and hiking borrowing costs for everyone. Tech stocks are taking the brunt, while earnings have so far cushioned the market. The real test? The Fed’s next move — will they hike again or hold steady? That decision could decide whether these higher yields stick around.
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