● 30-YEAR TREASURY YIELD HITS HIGHEST SINCE 2002

The 30-year Treasury yield rose to 5.66% on October 5, the highest level since early 2002, dragging $TLT toward fresh lows as the global bond selloff deepens. At the same time, Brent crude is trading back above $100 a barrel, with tensions around the Strait of Hormuz adding a fresh geopolitical risk premium. Two markets flashing the same warning, 24 years apart.