The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.

The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh…

The U.S. Treasury sold $25 billion of 30-year bonds Wednesday, yielding 5.05% after reports showed higher inflation from the war with Iran.

U.S. Treasury 30-year bond clears above 5% for first time since 2007 as weak auction demand pushes yields higher across all maturities.