US Treasury Yields Hit Multi-Year Highs Amid Global Selloff
Benchmark 10-year US Treasury yields have surged to their highest levels since 2002 as a global selloff in fixed income markets intensifies.
A global selloff in fixed income is pushing benchmark 10-year US Treasury yields to their highest levels since 2002. Borrowing costs are rising around the world as investors sell bonds, with the United States among the markets under pressure.