Image created by ChatGPT At the close of trading on Friday, July 31, the yield on the 30-year Treasury bond was 5.28 percent. As the following figure shows, that yield was the highest since July 2007, before the Global Financial Crisis and the Great Recession of 2007–2009. Note: As we discuss in Money, Banking, and … Continue reading "What Explains the Rise in 30-Year Treasury Yields?"