Treasury 10-Year Yield Eclipses 2.5% Amid Global Bond Selloff
- Benchmark U.S. yield climbs to highest level since 2014
- German bund yields approach highest level since January
Has the Bull Market in Bonds Come to an End?
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Treasury 10-year yields climbed above 2.5 percent for the first time since 2014 as surging oil prices added momentum to a global rout in bonds.
This quarter has marked a turnaround in global fixed-income securities, with yields climbing from record lows amid a repricing of inflation expectations and bets on tighter central-bank policy.