Global Bond Selloff Deepens as 10-Year Yields Hit Multiyear Highs — Update

By Emese BarthaThe selloff in global bonds gained traction on Tuesday, pushing the 10-year U.S. Treasury yield to its highest level since 2007 after it rose above 5% for the first time in almost three years on Monday.Investors accelerated selling of other global bonds too, pushing yields on 10-year…