US 30-Year Yield Hits 24-Year High; French Bonds Underperform
Yields on U.S. and European government bonds rose Wednesday, with the 30-year U.S. Treasury yield climbing to a fresh 24-year high as the global bond selloff resumed. French bonds continued to underperform due to ongoing budget concerns.
S. and European government bonds rose, with the 30-year yield climbing to a fresh 24-year high in midday European trade as the global bond selloff resumed Wednesday after a day of relief. S. Treasu…