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I am Cige. The 30-year US Treasury yield has surged to the 5.29% to 5.32% range, hitting a new high since 2007. The 10-year yield has also reached 4.72%. Long-term rates are breaking through the ceiling of the past decade-plus. The scale of US debt continues to expand, increasing pressure on long-term bond issuance. Inflation remains above the 2% target, with both supply and demand pushing long-term yields higher. In June, the UK, Japan, and China all reduced their US Treasury holdings; oversea