financialmarketsbreakingnews

📰 GLOBAL BOND SELLOFF: U.S. 10-YEAR YIELD SURGES ABOVE 5.27%

Global bond markets are facing a major selloff, with the U.S. 10-year Treasury yield rising above 5.27%, its highest level in 19 years. Higher yields are increasing borrowing costs and putting pressure on stocks and other risk assets, while rising oil prices are adding to global inflation concerns.

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