All posts tagged "Bond Selloff"

The Wall Street Journal's conservative editorial board warned that rising bond yields carry a message that President Donald Trump ignores at his peril.

In a Tuesday editorial, the paper's editors argued that climbing yields on long-dated government debt are not a catastrophe but a long-overdue return to normal, while cautioning that the picture could darken fast if Washington refuses to change course.

The board pointed to a global selloff that pushed the 10-year Treasury note to 4.8 percent on Tuesday and drove the 30-year U.S. bond to 5.28 percent. It also lifted Britain's 30-year government bond to its highest level in nearly three decades. Japan's 10-year yield touched a peak unseen in 30 years, The Journal noted....