A US inflation fear indicator just hit its highest since before the global financial crisis
Higher bond yields push up borrowing costs for governments, homeowners and businesses.
US Treasury yields hit 2007 high
- Global Long Bond Yields Climb to Highest in Almost Two Decades Bloomberg —
- Bond Market Fright May End Cheap Funds Era Bloomberg —
- 30-year Treasury yield hits highest level since 2007 as inflation fears deepen Quartz —
- 30-Year Yield Rises as Bond Selloff Deepens Bloomberg —
- Bond markets are sounding the alarm Daily Maverick —