U.S. Treasury yields hit 24-year highs; French bonds lag
U.S. Treasury yields rose to fresh 24-year highs, with the 10-year trading as high as 5.361% while French bonds underperformed amid budget worries.
S. and European government bonds climbed as the global bond selloff resumed. S. Treasury yields reached levels not seen in more than 24 years.
361%, the highest intraday level since April 2002, according to Tradeweb. The 30-year bond also moved higher.