Rising Bond Yields as Global Bonds Eye 4%
Global bond yields are approaching 4% for the first time since 2007, while U.S. 30-year yields have reached their highest level since 2004.
Chi Chen, managing director and portfolio manager in BlackRock's global fixed income investment group, joins the program to discuss the sharp rise in bond yields. Global bonds are eyeing 4% for the first time since 2007, while the U.S. 30-year yield has hit its highest level since 2004. (Source: Bloomberg)
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