US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live

US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live

US sold $25bn 30-year bonds at 5.216% yield—highest since 2001—as investors demand premium for inflation and debt risks. Higher long-term rates increase tech capex and M&A costs; startups face tighter runway amid persistent high interest environment.