The recent selloff in global bonds has sent U.S. Treasury yields soaring, with the 30-year yield nearing the 5% mark. Investors are on edge as concerns mount over rising borrowing costs and fiscal jitters. Key points include:

• 30-year Treasury yield hits close to 5% amid global turmoil.
• Investors feeling the pressure as bond selloff escalates.
• Gold prices surge as a safe haven amidst uncertainty.
• U.S. stocks dip with rising national debt fears.

Here's the full scoop.