Treasuries are a bright red warning light for the economy

https://www.cnbc.com/2026/05/19/treasurys-yields-inflation-traders-fed-interest-rates.html

Yields on U.S. Treasurys advanced Tuesday as investors continued to dump bonds on fears inflation is reigniting. The 30-year Treasury
yield hit the highest level in nearly 19 years.

The longer-dated 30-year Treasury bond yield rose about 6 basis points to 5.198%, its highest level since July 2007.

The 10-year U.S. Treasury note yield — the key benchmark for mortgage and auto loans and credit card debt — climbed 6 basis points to 4.687%, the highest since January 2025. The 2-year Treasury note yield, which reacts to expectations of short-term Federal Reserve interest rate moves, rose by more than 5 basis points to 4.127%.

One basis point equals 0.01%, and yields and prices move in opposite directions.