US Bond Yields Surge Amid Global Investor Rout
US Treasury yields are experiencing one of their largest jumps in a generation this quarter, reflecting a broader global bond market selloff that has rattled investors.
Wall Street is facing a sharp rise in Treasury yields this quarter. Yields across the global bond market have climbed at a rapid pace over the past few months, and the move in the 10-year Treasury yield ranks among the largest relative to history. The global bond market is more than $30 trillion in size.