Global bond selloff deepens as U.S. 10-year yields hit multiyear highs
The U.S. 10-year Treasury yield reached its highest level since 2007 ahead of the Fed’s interest rate decision, with investors also selling other government bonds.
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Global Bond Selloff Deepens as 10-Year Yields Hit Multiyear Highs — Update
By Emese BarthaThe selloff in global bonds gained traction on Tuesday, pushing the 10-year U.S. Treasury yield to its highest level since 2007 after it rose above 5% for the first time in almost three years on Monday.Investors accelerated selling of other global bonds too, pushing yields on 10-year…