U.S. 10-Year and 30-Year Treasury Yields Hit Highest Levels Since 2007

U.S. 10Y and 30Y Treasury yields pushing to 2007 highs signals tighter financial conditions and a higher discount rate across risk assets. Elevated long-end yields tend to strengthen the dollar and pressure growth equities and duration-sensitive assets, while raising recession and funding-stress concerns. Near-term, the move is likely to increase cross-asset volatility and reduce risk appetite as markets reprice rate and term-premium expectations.