Money for everything, but at what price?
La abundancia de necesidades públicas y privadas encarece el dinero y amenaza el crecimiento de las economías desarrolladas
On May 5, the US 10-year bond yield reached 5.3%, its highest level in 24 years. Meanwhile, yields on 30-year sovereign bonds have also surged, with the UK's gilt at its highest since 1998, the US Treasury above 5.4% for the first time since 2005, and Germany's Bund at 3.5%, surpassing post-Ukraine invasion levels. In Japan, yields have risen from near zero to 3%, a level not seen since the 1990s. Spain's bond yield has also increased to over 3.8%, half a point higher than at the start of the year.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
