Global bond rout deepens before receding on relief rally reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Asian shares on October 5 rebounded from 11-month lows as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks.
Growth concerns weighed on crude oil and gold prices, and European equities edged lower for a third day as retailer shares fell on a consumer spending pullback
The bond market is in turmoil. US yields hit 16-year highs again early Wednesday, and the 10-year Treasury yield is up nearly a full 1% over the past three.