The yield on the 30-year U.S. Treasury bond surged to 5.19% intraday on May 19, marking its highest level since just before the 2007 global financial crisis, as investors reacted to mounting inflation concerns tied to the Iran war and expanding U.S. fiscal deficits. According to reports from Bloomberg, the benchmark long-term yield rose as much as 7 basis points during trading, triggering a broad selloff across global bond markets. The yield later closed near 5.18%, close to a 19-year high. [...]