Reported 15 days ago
On Monday, the 30-year US Treasury yield climbed to 4.68%, its highest since May, attracting investors amid uncertainty following Donald Trump's presidential victory. With strong economic data raising doubts about potential Federal Reserve interest rate cuts, bonds had previously faced declines. Analysts suggest the elevated yield levels provide a cushion for investors, as market reactions will hinge on future economic policies and shifts within the Fed.
Source: YAHOO