Finnhub reports that 30-year real risk-free bond yields have reached nearly 3%, a level last seen during the 2008-09 financial crisis.

Real yields near 3% on the 30-year maturity represent a return on safe assets after accounting for inflation that hasn't been observed since the 2008-09 financial crisis. This directly affects the valuation of Treasury Inflation-Protected Securities (TIPS), as their real yield component is now at a multi-year high, altering the relative attractiveness of inflation-protected versus nominal bonds.