Treasury Buyers Snap Up 5% Long Bonds Amid Rising Inflation Fears The US Treasury Department's recent surge in long bond purchases has sent a clear signal to markets: investors are bracing for a prolonged period of inflationary pressure.
The yield on the 5 year Treasury bond, a benchmark gauge for short term interest rates, has fallen sharply over the past few weeks, with prices rising accordingly.
As of writing, the yield stands at roughly 2%, down from around 2. 4% in early January.