Bissent Cites Global Issues for U.S. Bond Yield Rise

Reports indicate that the rise in US bond yields, which surpassed 5% for the first time since 2007, is due to global issues including rising energy prices and inflation, as well as increased borrowing by corporations and governments. US Treasury Secretary Scott Bissant emphasized that external factors significantly impact the bond market, amid fears of interest rate hikes and worsening global financial conditions, which are putting pressure on the economy and affecting the cost of financing and investments.

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