<div id="readability-page-1">Yields hit milestone: The 30-year Treasury yield climbed to 5.13%, a 19-year high, after weak demand in debt auctions and hotter-than-expected inflation data. Inflation drivers: Energy shocks from the Iran conflict and no breakthrough in U.S.-China talks on oil transit routes stoked inflation pressures. Fed outlook shifts: Traders now see a greater chance of rate hikes by December, reversing earlier expectations for cuts.</div>

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<p>The 30-year Treasury yield reached 5.13%, the highest since 2007, driven by weak auction demand and unexpected inflation data. Factors such as energy shocks from the Iran conflict and stalled U.S.-China oil talks have intensified inflation pressures. Consequently, traders are now anticipating potential rate hikes by December, shifting from previous expectations of cuts.</p>

30-year Treasury yield hits highest level since 2007 amid bond rout