[Wall Street Faces a New Normal: U.S. Treasury Average Yield Enters the '5% Era'] According to Headliner, the sell-off in U.S. Treasuries intensified further this week, with yields on several maturities just 10 to 15 basis points away from the historical peaks of 2000 and 2002. Signs of relief emerged on Friday. Bloomberg data shows that the average yield of the $32 trillion U.S. Treasury market has risen to 5.05%, approaching the 2023 high and the dual peaks of 2006-2007. The average yield on global sovereign bonds is also hovering near 4%, marking the highest level since 2007. However, for investors seeking fixed cash returns, a 5% yield level offers an extremely attractive allocation opportunity.