Reported about 10 hours ago
Traders are increasingly betting on a surge in long-term Treasury yields, driven by worries over the U.S. government's rising debt and deficits exacerbated by recent tax legislation. With expectations of higher rates by year's end, particularly for the 10-year yield approaching 5%, market sentiment reflects increased hedging activity and a bearish outlook, as indicated by rising premiums on options to protect against yield spikes.
Source: YAHOO