Reported 1 day ago
The yield on US 30-year bonds has surged to its highest level since late 2023, reaching 4.85% as the Treasury market braces for $119 billion in government debt sales this week. Concerns surrounding inflation and the forthcoming Trump administration's economic policies are influencing market dynamics. Amid a backdrop of higher yields affecting various asset classes, traders are cautious about the potential impacts of fiscal changes and geopolitical conditions on Treasury demand and overall market stability.
Source: YAHOO