US Sells 30-Year Bonds at 5 Percent Yield for First Time Since 2007

The Treasury Department building at dusk in Washington on June 6, 2019. Patrick Semansky/AP PhotoThe U.S. federal government has sold 30-year debt at auction at a yield above 5 percent for the first time since 2007.The Treasury Department sold $25 billion of new 30-year bonds on May 13, with the auction yield reaching 5.046 percent.