Risks Swirl Amid Rising US Bond Yields: Market Snapshot
An auction of 10-year and 30-year US treasuries lured decent appetite from investors demanding more compensation to finance the US government. The sales followed a subdued core inflation print, easing pressure on the Federal Reserve to raise interest rates next month. But with soaring government spending, a swelling budget deficit and an investment boom driven by AI demand showing no sign of…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
