Parker: 10-Year Yield Jump a Significant Move Last Week
U.S. 30-year yields rose to 3 percent for the first time since January as Donald Trump’s election victory sends bonds sliding around the world. The incoming U.S. president is driving speculation his spending plans will lead to greater government borrowing and quickening inflation. Benchmark 10-year yields climbed past 2 percent last week to a 10-month high. Credit Suisse Senior Advisor Robert Parker discusses with Anna Edwards and Yousef Gamal El-Din in London and Manus Cranny in Dubai on "Bloomberg Daybreak: Europe."