Jun 9, 2025
As global investors increasingly turn away from long-term government debt, a routine US bond auction is taking center stage on Wall Street this week. Bloomberg reports that the US Treasury plans to sell $22 billion of 30-year government bonds on Thursday, a move that will serve as a critical gauge of market demand during a period of diminished investor appetite for long-term US debt.
Yields on long-term global debt have surged recently, with US 30-year yields reaching a near two-decade high of 5.15% last month. As of Friday, yields stood at 4.94%, still significantly higher than earlier this year. This rise in yields comes amid concerns over increasing debt and deficits, leading investors to demand higher premiums for the risk associated with lending to governments.
The auction results will be closely monitored for indications of demand, especially considering the lackluster response…
