Global bond yields rise near multi-year highs after Fed/BoJ moves
Global bond yields rose Friday, hovering near multiyear highs, after the Fed and the Bank of Japan raised rates this week and additional increases are expected.
Global bond yields climbed on Friday and were still near multiyear highs after this week’s rate hikes by the Federal Reserve and the Bank of Japan, with further increases expected. The Fed raised rates by a quarter point on Wednesday and signaled another move may follow.