Bond yields are the highest they've been in 20 years as inflation fears rip through global financial markets. It's a warning the financial squeeze is set to get worse before it gets better.
Markets are playing catch-up on high energy prices and tighter signals from central banks, pushing up borrowing costs and reinforcing the case for further rate hikes. Eurozone government bond yields were on track for a seventh straight weekly rise, with pressure mounting on the most stressed economies. Oil prices fell […]
Markets see further rate hikes