Breaking News! Poor performance of US Treasury auction sparks market panic, interest rates soar shocking everyone 🔥

The recently concluded 20-year US Treasury auction performed poorly, revealing a sharp decline in market demand for medium to long-term US Treasuries.

To sell the bonds, the US government was forced to raise interest rates to attract buyers, but this also reflects market concerns about future inflation and fiscal risks.

As a result, the 20-year Treasury yield soared to 5.104%, reaching a new high since November 2023, directly triggering a significant decline in US stocks and causing investor sentiment to suddenly tighten.