The Global Bond Sell-Off Continues. The U.S.'s Benchmark Note Hit Its Highest Level in Decades.

U.S. Treasury yields continue climbing amid a global bond sell-off. (Credit: Latin Times)

U.S. Treasury yields keep climbing on Thursday as the global bond sell-off continues, with the 10-year note reaching 5.3338% and topping a level last seen in April 2002. The note then pared gains but remained above 5.3% at 9:17 a.m. ET.

The yield on the 30-year Treasury bond also climbed and reached the highest level since July 2002.