By John Towfighi, CNN New York (CNN) — The US 30-year Treasury yield rose as high as 5.45% Thursday morning, its highest level since 2004, extending a recent sell-off that’s seen yields climb around the globe. Bond yields are on the rise again this week, surging to fresh highs for this year.
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Global bond sell-off deepens, sending borrowing costs higher around the world
Rolling coverage of the latest economic and financial news UK government debt was caught up in yesterday’s bond sell-off too, with the yield on 10-year gilts jumping 1.8% towards its highest level since the 2007 financial crisis.
By John Towfighi, CNN New York (CNN) — The US 30-year Treasury yield rose as high as 5.45% Thursday morning, its highest level since 2004, extending a recent sell-off that’s seen yields climb around the globe. Bond yields are on the rise again this week, surging to fresh highs for this year.