Barclays Warns 30-Year US Treasury Yield Could Hit 6%

Barclays analysts suggest that the 30-year US Treasury yield could reach 6% if the AI investment boom continues to drive productivity growth. Increased productivity may lead to faster economic expansion and force markets to adjust long-term Federal Reserve interest rate expectations. The 30-year yield has recently climbed above 5.61%, marking its highest level since 2002.