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30-year US treasuries yield cross 5% for the first time since 2007 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
(TNS) Global markets remain on edge after a selloff in government bonds drove long-term borrowing costs in the US and Europe to the highest level in more than a decade. ....
The yield on 30-year US Treasuries hit 5% for the first time since 2007 on Wednesday, while the German 10-year benchmark rate climbed to 3% a level unseen since 2011. In Japan, the 10-year overnight-indexed swaps jumped to 1% for the first time since January. ....