Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest rates to bring down inflation, according to a Reuters poll of
Turmoil in global sovereign bond markets is set to persist for another six months to a year as central banks carry on raising interest rates to bring down inflation, according to a Reuters poll of
Two-year Treasury yields hit 4% on Wednesday for the first time since 2007 before the Federal Reserve is expected to hike interest rates by another 75 basis points and indicate further rates are likely as it battles soaring inflation.
Two-year yields highest since 2007 before Fed decision streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Karen Brettell NEW YORK (Reuters) - Two-year Treasury yields hit 4% on Wednesday for the first time since 2007 before the Federal Reserve is expect.