Global Selloff in Bonds Intensifies
A global bond selloff has intensified, pushing US Treasury yields to their highest levels in nearly two decades. The trend is driven by strong US economic data and weak demand at a recent debt auction.
A global bond selloff deepened, jolting investors as robust US economic data and weak demand at a debt auction drove Treasury yields across much of the curve to their highest levels in almost two decades. Bloomberg MLIV’s Ven Ram has the latest. (Source: Bloomberg)
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