US Treasuries see large-scale selling, with the 30-year yield returning above 5%.
According to the Zhitong Finance and Economics App, on Tuesday, there was a large-scale sell-off in the US Treasury market, especially with long-term bond yields sharply rising, sounding the alarm for stock market investors. By the close, the 30-year US Treasury yield rose to nearly 5.02%, the highest level since May 23rd.
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