30-Year Treasury Yield Hits 5% for 41 Consecutive Trading Days, Normalizing High Rates

BlockBeats News, September 2nd: As of September 1st, the yield on the 30-year US Treasury bond has been above 5% for 56 trading days this year, with 41 consecutive trading days at this level. The year-to-date average yield has risen to 4.96%, approaching the 5.03% seen in 2004.