Reported about 8 hours ago
Optimism about progress in US-China trade negotiations is leading investors to sell Treasuries, causing yields on US government bonds to rise. Specifically, 10-year bond yields hit 4.04%, the highest in over a week, as risk sentiment improved amid agreements on tariffs and export controls. The sell-off signals a shift away from the previous 'seek havens at all cost' strategy, although uncertainty remains around future talks and potential impacts on monetary policy.
Source: YAHOO