The yield on 30-year USA Treasury bonds has risen to a high point not seen in over a year, as investors begin to experience the potential turbulence that Trump's rise to power may bring to the financial markets in the coming months. On Monday, the 30-year yield climbed as much as 5 basis points to around 4.86%, marking the highest level since November 2023. The expansion pressure in the bond market has affected the market somewhat, as the demand for the Treasury's first batch of bond issues this week was weak. The Treasury will auction 10-year bonds on Tuesday and 30-year bonds on Wednesday. Due to the funeral of former USA President Jimmy Carter taking place on Thursday, both bond auction dates have been moved forward by one day. Concerns that Trump's policies could lead to higher inflation have put pressure on USA bonds in recent weeks. After the Washington Post reported that Trump’s aides were considering narrowing the scope of the tariff plans, the dollar fell on Monday, and bonds recovered some ground, as the market believed this move would weaken inflation concerns. However, with Trump's denial, market trends quickly reversed. PGIM's co-chief investment officer Gregory Peters stated in an interview with Bloomberg Television, "There is a large amount of bonds in the market, and supply continues to flow in. Coupled with the possibility that inflation may be more persistent or rebound after a drop, all these factors have put pressure on the bond market."