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Bond selloff deepens as inflation, oil prices jolt markets
Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the Middle East c
Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the Middle East c
Japan's 10-year yield was perched above 3%, a 30-year high. Australia's 10-year government bond yields rose to 5.198%, their highest level in over 15 years. If that materialises, he said, then the economy can live with higher rates.
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