Ready to play
Ready to play
U.S. 10-year Treasury bond yields rose to their highest level since 2002, following a surge in oil prices linked to the Iran conflict, which triggered a strong sell-off in the global bond market. Concerns about ongoing inflation and the potential need for central banks to raise interest rates persisted. The U.S. bond yield reached 5.34%, surpassing its peak from 2007, amid continued market pressure from rising government borrowing and increased investment in artificial intelligence. The rise in bond yields caused market turbulence, with the ongoing sell-off resulting in the worst monthly performance in four years, amidst expectations that interest rates will continue to rise in the future.
Notice: This Is an AI-Generated Summary
Comments (0)