Turmoil in Treasury bond yields sparks global worries: What to know

U.S. bond yields are rarely a burning issue with the general public. But that’s changed this week as a spike in yields has hit the front pages and TV newscasts. Yields on 30-year U.S. Treasury bonds hit their highest point in almost two decades on Tuesday. The rise prompted Treasury Secretary Scott Bessent to step in w

NEW YORK, Aug 19 : Longer-dated global bond yields retreated from multi-decade highs, the dollar tumbled and gold jumped on Wednesday after the U.S. Treasury Department said it would boost liquidity support for longer-dated securities, following a broad selloff fueled by fears over swelling sovereign debt.The U.S. Trea

Concerns about inflation and more debt supply is hitting the fixed income sector.