“We’re not really at a level where people seem to be going crazy, saying ‘I want to buy the 30-year,’ and that should be a warning."

The 30-year Treasury yield hit 5.281%, the highest since 2007, as foreign demand drops and fiscal concerns mount across the $30 trillion bond

The US Treasury is auctioning $25 billion in 30-year bonds at yields above 5.2%, the highest interest rate on new long-dated government debt