- Yields on the longest-dated US bonds rose to the highest level in more than two decades, according to Bloomberg.
- The move is the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.
- Bloomberg Intelligence's Ira Jersey joins to discuss the global bond rout.
Quotes
“Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades”
“the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.”