30-Year Treasury Yields Surge to 5.19%—Highest Since 2007—As Mortgage Rates Climb to 6.75%

The US 30-year Treasury yield has surpassed 5.19 percent, reaching its highest level since 2007. The bond selloff reflects persistent inflation fears, oil prices above $100 per barrel, and the US-Iran standoff.

Mortgage rates have climbed to 6.75 percent, according to market reports. The 10-year yield has also risen to its highest since January 2025. Global bond markets from the US to Japan have faced sustained pressure.

Kevin Warsh has assumed leadership at the US Federal Reserve as markets anticipate potential rate adjustments. The new Fed direction adds uncertainty to the fixed-income environment.

For consumers, higher yields translate into increased costs for car loans, student loans, and credit cards. The 30-year yield’s return to 2007 levels marks a significant milestone — the previous period preceded the 2008 financial crisis.

The US-Iran standoff continues to influence market sentiment. Brief yield declines followed diplomatic signals, but the broader upward trend resumed within hours.