Treasury yields slip as demand for U.S. government debt rebounds
Demand for U.S. government debt bounced back Wednesday, keeping Treasury yields slightly lower. Despite the dip, global bond yields remain near multiyear highs as inflation and fiscal-deficit worries keep borrowing costs elevated.
By Emese Bartha and Paulo TrevisaniDemand for U.S. government debt bounced back Wednesday, sending Treasury yields slightly lower while a global bond rout keeps borrowing costs high in the developed world amid concerns over inflation and fiscal deficits.Global bond yields again hit multiyear highs…