Mind The Rising Dollar---UST Yields Top All DM Sovereigns For First Time In 20 Years

The yield on the benchmark 10-year Treasury note, a key barometer for borrowing costs for consumers and companies, last week topped 3.1%, its highest close in almost seven years. It’s a climb that’s rippling through markets, buffeting stocks and helping fuel a surprise rally in the dollar as higher rates attract yield-seeking investors to the currency.

 

 

https://www.wsj.com/articles/u-s-government-bonds-pay-more-than-debt-from-other-developed-nations-1526817600

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