The 30-year U.S. Treasury yield rose six basis points to about 5.2% on Tuesday, its highest level since 2007. File Photo by John Angelillo/UPI | License Photo

May 19 (UPI) -- The 30-year U.S. Treasury yield rose six basis points to about 5.2% on Tuesday, its highest level since 2007.

The yield on 10-year U.S. Treasury notes also increased to 4.687%, the highest since January 2025. This has an influence on mortgage rates and auto loans.

Two-year Treasury yields are also at their highest mark in more than a year.

The U.S. Treasury sets the benchmark for the cost of borrowing.