BUZZ — Treasury bond ETFs hit multi — year lows as bond yields surge

* Shares of exchange-traded funds tracking US Treasuries slip premarket, as long-dated bond yields hit multi-year highs * US Treasury yields, which move inversely to prices, fall with months-long selloff in global bond markets gathering pace * The iShares 20+ Year Treasury Bond ETF falls 0.6% to $80, set to extend declines after hitting a record low on Wednesday * The iShares 7-10 year Treasury Bond ETF falls 0.1% after hitting an over two-year low in the last session * iShares US Treasury Bond ETF inches 0.1% lower in light trading; GOVT hit lowest since November 2023 on Wednesday * Yield on US 30-year bond briefly hit highest since 2004; yield on benchmark 10-year maturity at highest since July 2007 * Government bond yields have surged lately due to inflationary concerns coming from the oil spike, worries about the US' fiscal health and increased chances of future interest rate hikes (Reporting by Shashwat Chauhan in Bengaluru) ((Shashwat.Chauhan@thomsonreuters.com)