The number of days with the 30-year Treasury bond yield closing above 5% year-to-date has reached the highest level since 2006.

BlockBeats News, September 1st, the US ultra-long-term bond yield continued to hit a record high since 2006. Amid a massive fiscal deficit, another wave of corporate bond issuance, and potentially decisive factors such as the upcoming Fed meeting, investors are expected to remain cautious in the coming weeks. The US 30-year bond yield rose to 5.34% in mid-August, reaching its highest level since 2007, sitting just 10 basis points below the highest level in 22 years.

As of Monday, the number of days this year that the 30-year bond yield has closed above 5% has reached 55 days, the highest number of days in a year since 2006. On Tuesday, this yield stood at 5.27%.