The 30-year U.S. Treasury yield rose six basis points to 5.2% on Tuesday, its highest level since 2007, threatening to raise the cost of borrowing.

The U.S. national debt approached $39 trillion as analysts warned about long-term inflation

The US 30-year Treasury yield closed at 5.14%, its highest since July 2007, creating headwinds for crypto and risk assets as the risk-free rate climbs.