Yields on US government bonds were up on Wednesday (21 May) evening after a Treasury auction of 20-Year Treasury notes highlighted investors’ concerns about the rising US public debt.
The yield on the 30-Year Treasuries hit 5.11% yesterday evening, while its 10-Year peers rose to 4.61%, having since fallen to 5.08% and 4.58% respectively, according to data from MarketWatch. US Treasury yields hit 18-month high as UK equities slump This comes as the US Treasury auctioned $16bn in new 20-Year bonds, which were traded at a slight discount and had a final yield of 5.04%. Concerns about the US bond market have been a recurring theme this year, especially since Donald Trump returned to the White House in January and promised tariffs and tax cuts that could fuel t...
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