Global sell-off in government bonds intensifies

From The Hill

Government bond yields rose in numerous countries on Tuesday, with investors selling off amid concerns over inflation and mounting public debts. The 10-year U.S. Treasury bond yield exceeded 4.7 percent Tuesday morning, marking its highest mark since October 2023. The 30-year Treasury bond yield, meanwhile, is still above 5.2 percent. The 30-year yield was below…

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