The 30-year US Treasury yield hovers around 5%, indicating ongoing pressure in the bond market.

Golden Ten Data reported on May 5 that after surpassing the key 5% level for the first time since last July, the yield on the 30-year US Treasury bond hovered around 5% again earlier this week—indicating that pressure on the world’s largest bond market has not eased. This is a significant threshold, and traders are closely monitoring signs of a potential further increase. The core of this sell-off stems from market concerns that a closure of the Strait of Hormuz could push up inflation and reduce the scope for interest rate cuts. In addition, massive corporate spending in the AI sector has also raised fears that price increases may accelerate in the short term.