30-Year Bonds Hit Again By Tony Crescenzi About this article: The 30-year Treasury bond, which bears the burden of Treasury market uncertainties regarding interest rate risks and does not have the benefit that shorter issues do of being anchored to the federal funds rate, was smacked again today, with its yield rising 22 basis points to 3.01%. The 30-year bond's yield has increased 45 basis points since it bottomed last Tuesday at 2.55%. Yields on shorter maturities have fared far better; for example, the yield on two-year notes has increased just 6 basis points since last Tuesday. Fervor for shorting the long end of the Treasury market has obviously seen a marked increase over the past week and in particular today, following weekend articles discussing the apparent overvaluation of Treasuries. The increased fervor is very apparent in the volume of the UltraShort 20-Plus Year Treasury ProShares ETF for long-dated Treasuries, symbol TBT. Trading volume was about... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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