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International Business Times
International Business Times
Business

Treasury Yields Keep Climbing. The 30-Year Note Just Hit The Highest Level In Over 20 Years.

The 30-year Treasury yield reached the highest level since 2002 on Tuesday, topping 5.6%. (Credit: AFP via Getty Images/Saul Loeb)

Bond yields keep climbing on Tuesday, with the 30-year note reaching its highest level since 2002 as inflationary and geopolitical concerns continue to grip markets. The 10-year yield also climbed and got closer to 5.3%, while the 2-year Treasury note yield was little changed at 11:57 a.m. ET.

Stocks also fell during the session, with the tech-heavy Nasdaq Composite edging down 0.11%, the S&P 500 down by 0.28% and the Dow Jones Industrial Average underperforming with a 0.63% drop.

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