US 30-Year Yield Above 5% for Longest Stretch Since 2007

The US 30-year Treasury note yield has officially remained above the 5.00% threshold for the longest continuous period since 2007. Data shows the yield has closed above 5.00% for 27 trading days so far in 2025, representing approximately 19% of all trading sessions.

This marks a significant turnaround from just months ago, when markets were pricing in three or more Federal Reserve rate cuts in 2026. The extended period of elevated long-term yields reflects persistent inflation concerns and a resilient economy, reducing expectations for near-term monetary easing.

The 30-year yield serves as a benchmark for mortgage rates and long-term borrowing costs, with broad implications for consumers and financial markets. The current levels recall the pre-financial-crisis environment when rates were substantially higher.