Global bond selloff accelerates as Japanese yields test long highs
Global bond rout accelerated Tuesday, with Japanese yields scaling key levels not breached for over 30 years amid bets that policymakers may need higher interest rates for sticky inflation and lax fiscal policy.
By Jamie McGeeverThe global bond rout accelerated on Tuesday, with Japanese yields scaling key levels not breached for over 30 years, as investors bet that policymakers around the world will have to raise interest rates to counter sticky inflation and lax fiscal policy.
Another solid rise in oil pr…