The 30-year Treasury bond yield rose nearly 8bps to 2.05% on Friday, after Bloomberg reported the US Treasury Department wants to assess the market demand for a potential Treasury ultra-long bond, particularly 50-year and 100-year. On Thursday, the 30-year Treasury note slumped to a record low of 1.98% amid fears of an economic recession. 30 Year Bond Yield in the United States averaged 6.61 percent from 1977 until 2019, reaching an all time high of 15.21 percent in October of 1981 and a record low of 1.98 percent in August of 2019.
The United States 30 Year Bond Yield is expected to trade at 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.18 in 12 months time.