A big selloff that pushed U.S.
borrowing costs to 15-year highs left euro zone bonds relatively
unscathed in August, reflecting investor bets the bloc s
economic growth and funding needs will. -Today at 01:00 am- MarketScreener
A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc's economic growth and funding needs will increasingly lag those in the United States. A resilient U.S. economy and rising borrowing needs pushed Treasury yields to their highest in over 15 years in August amid growing expectations that interest rates would stay higher for longer. Furthermore, U.S. inflation-adjusted borrowing costs rose above 2% for the first time since 2009, hurting stocks and pushing up borrowing costs globally.
Analysis: Europe's weaker economy limits fallout of US bond rout 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.
By Yoruk Bahceli (Reuters) - A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, refl.