Treasury 30-Year Yields Are Back at 2007 Highs
Global bond yields have resumed their march higher on Monday, with US rates pushing to pre-global financial crisis highs again. With oil ticking higher on fresh Middle East headlines and the Empire Manufacturing survey coming in hotter than expected, yields have extended their ascent in the US session. The emergence of weaker employment and inflation looked like it might have been enough to keep…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.