Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?
The US bond selloff intensified as the 30-year Treasury yield hit its highest level since 2004, while the 10-year yield reached a post-financial-crisis high.
Strong US economic data, rising inflation concerns, elevated government debt and higher oil prices have fuelled expectations of further Federal Reserve rate hikes, pressuring global bond markets.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
