US long-bond yields exceed 5% for 27 days as yen intervention and Fed silence fuel ‘Sell America’ fears and debt liquidation risks.
Thirty-year Treasury yields have remained above 5% for 27 consecutive days, the longest stretch since 2007, as markets react to coordinated yen intervention and Fed policy uncertainty. The move signals growing concerns over a weaker dollar and forced liquidation of US debt by Japan, which holds over $1 trillion in Treasuries.
The Treasury’s $739 billion quarterly borrowing plan and sparse communication from new Fed Chair Kevin Warsh, confirmed on May 13, 2026, have amplified volatility. Investors accustomed to Jerome Powell’s transparency now face猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜猜.
Yields briefly retreated after the last Fed meeting but remain elevated, reigniting April’s ‘Sell America’ debate. Core inflation persistence and internal Fed divisions over rate hikes add to the pressure.