The 30-year Treasury yield just broke to its highest level in almost 20 years
Key takeaways
- The 30-year Treasury yield (^TYX) rose 10 basis points to reach 5.12%, its highest level since June 2007.
- Both bonds broke above the key psychological levels of 5% and 4.5%, respectively.
- Concerns about rising inflation and hawkish Federal Reserve policy appeared to be behind the move in bonds on Friday.
The 30-year Treasury yield just broke to its highest level in almost 20 years Grace O'Donnell · Editor, Special Projects Fri, May 15, 2026 at 10:07 PM GMT+7 2 min read ^TYX Surging Treasury yields sent the stock market a warning on Friday amid a sell-off in global bonds.
The 30-year Treasury yield (^TYX) rose 10 basis points to reach 5.12%, its highest level since June 2007. The 10-year benchmark yield (^TNX), meanwhile, climbed 11 basis points to 4.57%, its highest level since May 2025. Bond yields and prices move in opposite directions, meaning that when yields rise, prices fall.
Both bonds broke above the key psychological levels of 5% and 4.5%, respectively. As Yahoo Finance’s Jared Blikre has written before, the 5% zone for the so-called long bond represents a danger zone that has tightened financial conditions in the past.