- Global bonds are eyeing 4% for the first time since 2007, while the U.S. 30-year yield has hit its highest level since 2004.
- Chi Chen, managing director and portfolio manager in BlackRock's global fixed income investment group, discussed the sharp rise in bond yields.
Quotes
“Global bonds are eyeing 4% for the first time since 2007, while the U.S. 30-year yield has hit its highest level since 2004.”