10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
- On Thursday, the 10-year Treasury yield hit its highest level in 24 years, rising 4 basis points to 5.3338% as a 'brutal' bond sell-off gathered pace.
- Borrowing costs around the world have surged in recent months as investors express concerns over higher interest rates, government debt loads, and fiscal spending plans.
- The 30-year Treasury bond yield jumped 3 basis points to 5.6702%, its highest level since 2002, while the 10-year yield breached levels last seen in early 2002.
- During the third quarter, the global benchmark posted its biggest quarterly rise this century, reflecting significant shifts in international bond market trends.
- LSEG data shows the yield rose as high as 5.342%, surpassing its 2007 peak and hitting its highest point since early 2002.
31 Articles
31 Articles
On the financial markets, the sale of government bonds causes trouble. In the US, yields have risen to record levels for almost 25 years. This also has consequences for Germany.
On the financial markets, the sale of government bonds causes trouble. In the US, yields have risen to record levels for almost 25 years. This also has consequences for Germany.
The performance of the 10-year Treasury bond reached its highest level in 24 years, driven by fear of inflation and rising crude oil.In Europe, key bond interest also rose, reflecting energy uncertainty and expectations for tighter monetary policies.
This surge is taking place against the background of growing investor concerns about the sharp rise in prices, particularly in energy.
The yield on 10-year U.S. Treasury bonds today reached its highest point since 2002 on the sovereign debt market. The high yield came amid growing investor concerns about soaring prices, particularly energy. The 10-year US borrowing rate reached 5.3402% in the secondary bond market, The yield on 30-year Treasury bonds also reached its highest point since 2002, at 5.6807%. APE-BE Read more at iefimerida.gr The yield on 10-year U.S. Treasury bond…
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