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US Treasuries Suffer First Monthly Loss Amid Tariff Uncertainty

5/31/2025

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Story summary
  • US Treasuries faced their first monthly loss of 2023, dropping over 1.2% in May.
  • Increased tariff uncertainty and escalating government debt levels fueled this decline.
  • The 30-year yield increased for the third consecutive month, its longest losing streak since 2023.
  • Yields on two- and 10-year bonds recorded their first monthly rises of the year.