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Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?

Economic Times Markets
Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?
Economic Times Markets

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.

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Source: Economic Times Markets

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