Global Bond Selloff Sends 10-Year Treasury Yields to Cusp of 5%
Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.
By Cameron Fozi and Greg Ritchie · Bloomberg Markets
Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.