30-year Treasury yield tops 5% briefly as traders deal with tariff uncertainty, Fed independence threat
1. U.S. Treasury yields hover below 5%, influencing market sentiment. 2. 30-year bond yield briefly topped 5% before retreating. 3. Concerns arise over Fed independence amidst potential firing threats. 4. Upcoming jobs report may show increased unemployment and job creation. 5. Global bonds sell off due to deficits and interest rate jitters.