history, economics, and current events

30-Year Treasury Yields

30-Year Treasury Yields

The interest rate on 30-Year Treasuries has been at levels last seen right before the Great Financial Crisis, hitting the highs of the summer of 2007. Fun fact, the 2008 Great Recession technically started in December 2007.[1][2][3]

The federal debt also hit $40 trillion.

[1]https://www.marketwatch.com/investing/bond/tmubmusd30y

[2]https://www.wsj.com/articles/BL-REB-2390

[3]https://www.federalreservehistory.org/essays/great-recession-of-200709

Not QE II

Not QE II