Some Bonds Are Getting 'Twitchy,' Steven Major Says

Tuesday saw yields on U.S. 30-year Treasury yields add over 1 basis point to trade at around 5.322%, hovering just below its highest level since 2002.

Steven Major, global macro advisor at Tradition Dubai, says some bonds may be getting "twitchy" further out on the curve. He says the US Treasury is not doing any favors for the taxpayer "by issuing long bonds north north of 5% yield." He speaks on "Bloomberg Surveillance."…