{"id":62107,"date":"2026-05-19T09:38:19","date_gmt":"2026-05-19T13:38:19","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/"},"modified":"2026-05-19T09:38:19","modified_gmt":"2026-05-19T13:38:19","slug":"markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/","title":{"rendered":"Markets Slump as 30-Year Treasury Yields Hit 2007 Highs; Silver Plunges 5%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Treasury_Yields_and_Equity_Market_Reaction\" >Treasury Yields and Equity Market Reaction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Commodities_Silver_and_Gold_Under_Pressure\" >Commodities: Silver and Gold Under Pressure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Treasury_Secretary_Bessent_on_Global_Policy\" >Treasury Secretary Bessent on Global Policy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Corporate_Developments_and_AI_Innovation\" >Corporate Developments and AI Innovation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/markets-slump-as-30-year-treasury-yields-hit-2007-highs-silver-plunges-5\/62107\/#Central_Bank_Outlook\" >Central Bank Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>The US 30-year Treasury yield surged to 5.177%<\/strong>, marking its highest level since 2007 and putting significant downward pressure on equities and precious metals.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> prices collapsed more than 5% to $73.57 per ounce<\/strong>, leading a broader rout in commodities as <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> also slipped 1% to $4,519.99.<\/li>\n<li><strong>Major US indices opened in the red<\/strong>, with the <strong>Nasdaq (<a href=\"\/stock\/%5EIXIC\">^IXIC<\/a>)<\/strong> falling 0.60% and the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> dropping over 232 points.<\/li>\n<li><strong>US Treasury Secretary Bessent<\/strong> signaled a major shift in sanctions policy, calling current measures &quot;outdated&quot; while urging allies to dismantle Iran\u2019s shadow banking systems.<\/li>\n<li><strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> unveiled a new lineup of Surface devices integrated with advanced AI capabilities specifically designed for business users.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Treasury_Yields_and_Equity_Market_Reaction\"><\/span>Treasury Yields and Equity Market Reaction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>US Treasury yields reached multi-decade highs on Tuesday, with the <strong>30-year Treasury yield climbing to 5.177%<\/strong>. This spike to levels not seen since 2007 triggered an immediate sell-off in the equity markets. At the opening bell, the <strong>Nasdaq (<a href=\"\/stock\/%5EIXIC\">^IXIC<\/a>)<\/strong> shed 157.13 points to trade at 25,933.61, while the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/%5EGSPC\">^GSPC<\/a>)<\/strong> declined 0.46% to 7,369.02.<\/p>\n<p>Investors appear to be reacting to the &quot;higher-for-longer&quot; interest rate environment, which is weighing heavily on growth sectors. The <strong>Dow Jones (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> followed suit, dropping 0.47% to 49,453.68 as the market grapples with tightening financial conditions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Commodities_Silver_and_Gold_Under_Pressure\"><\/span>Commodities: Silver and Gold Under Pressure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Precious metals faced intense selling pressure as the dollar and yields strengthened. <strong>Spot silver plummeted over 5% to $73.57 per ounce<\/strong>, extending an earlier 3% decline. The volatility in silver was mirrored in the gold market, where <strong>spot gold fell 1% to $4,519.99 per ounce<\/strong>.<\/p>\n<p>In contrast, the energy sector showed resilience. The <strong>US oil contract<\/strong> successfully bounced back from early session losses to reach a new session peak. This divergence suggests that while monetary factors are hurting non-yielding assets like silver, energy demand remains supported by regional geopolitical tensions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Treasury_Secretary_Bessent_on_Global_Policy\"><\/span>Treasury Secretary Bessent on Global Policy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>US Treasury Secretary <strong>Scott Bessent<\/strong> made waves at the <strong>G7 Finance Ministers meeting<\/strong>, stating that some US sanctions are &quot;outdated&quot; and causing unforeseen economic effects. Bessent emphasized that the Treasury is currently evaluating its sanctions list to help financial institutions better target complex terrorist financing and avoidance schemes.<\/p>\n<p>Bessent also focused on the Middle East and Asia, calling for the elimination of <strong>Iran&#39;s shadow banking systems<\/strong>. He expressed confidence that European allies would join the US in targeting Iran\u2019s financiers and closing shell companies. Additionally, Bessent noted he had spoken with <strong>Bank of Japan Governor Kazuo Ueda<\/strong>, expressing confidence in Japan\u2019s monetary policy despite &quot;undesirable&quot; FX volatility.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Developments_and_AI_Innovation\"><\/span>Corporate Developments and AI Innovation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> officially launched its latest <strong>Surface devices<\/strong>, which feature a heavy emphasis on business productivity and <strong>AI integration<\/strong>. The move is seen as a strategic push to solidify the company&#39;s lead in the enterprise AI hardware space.<\/p>\n<p>In the media sector, <strong>Warner Bros. Discovery (<a href=\"\/stock\/WBD\">WBD<\/a>)<\/strong> has reportedly started a loan sale linked to its dealings with <strong>Paramount (<a href=\"\/stock\/PARA\">PARA<\/a>)<\/strong>. Meanwhile, in the AI services sector, <strong>Anthropic<\/strong> announced it has named <strong>KPMG<\/strong> as a preferred partner for private equity initiatives, signaling deeper institutional integration of generative AI.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Central_Bank_Outlook\"><\/span>Central Bank Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Europe, <strong>ECB Governing Council member Joachim Nagel<\/strong> signaled that the central bank is moving away from its previous baseline scenario. Nagel suggested that the <strong>ECB<\/strong> may &quot;have to do something&quot; regarding interest rates in June, emphasizing that any decision will remain strictly data-dependent. This hawkish tone from the Bundesbank President adds to the global narrative of persistent inflationary pressures and high borrowing costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The US 30-year Treasury yield surged to 5.177%, marking its highest level since 2007 and putting significant downward 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