Central Banks
Bond Market Turbulence Lifts 30-Year Yield Most Since March 2020
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US government bonds tumbled Monday, erasing a portion of their biggest weekly advance since August, amid signs investors were momentarily regaining their appetite for risk.
The historic selloff lifted yields across all maturities by at least 20 basis points during the session, with those on 30-year bonds higher by nearly 23 basis points in late trading — set for the biggest one-day increase since March 2020.