30-year Treasury bond yield rises to highest level since 2007
The yield on the U.S. 30-year Treasury bond surpassed 5.3 percent on Tuesday before a slight downtick, foreshadowing an increase in borrowing costs across the country. The 30-year bond yield is 5.284 percent as of Tuesday afternoon, after opening at 5.308 percent and peaking at 5.337 percent earlier in the day. That ma
Trump Drives Key U.S. Rate to Level Not Seen Since Before 2007 Financial Crisis
JIM WATSON / AFP via Getty Images
President Donald Trump’s disastrous second stint at the White House has set off a market fireworks display not seen since the eve of the 2007 financial crisis that cratered the global economy.
In simple terms, investors are reluctant to lend the government money, and are demanding more
Japan's 10-year government bond yield rises to three-decade peak
TOKYO, Aug 18 : Japan's benchmark 10-year government bond yield climbed to a three-decade high on Tuesday, driven by rising overseas bond yields and speculation about a near-term Bank of Japan interest-rate increase.The 10-year JGB yield added 2.5 basis points to 2.945 per cent early in the trading day, the highest lev