Bonds Decline From U.S. to Japan, Extending Global Debt Selloff
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U.S., European and Japanese bonds are falling as governments in some of the biggest markets sell debt amid a rout in fixed-income securities.
The global selloff is intensifying after pushing U.S. and German 10-year yields to the highest level this year. U.S. 30-year bond yields rose the most since 2013 Monday even as overall Treasury market volatility was on par with this year’s average. The Treasury will auction $24 billion of three-year notes Tuesday.