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Global bond sell-off deepens
Manage episode 461033628 series 2874694
Global bonds continue to sell off with the U.S. Treasury bill now hitting a 14-month high. Meanwhile the 10-year JGB yield reaches its highest level since 2011. Wall Street is dragged down by tech stocks to its fourth consecutive session in the red following President Biden’s announcement of new curbs on A.I. chips. The dollar index soars to its highest level in more than 2 years, putting global currencies under pressure. In energy news, crude prices fall back slightly but still hover at a near-4-month high after an increase of almost 10 per cent since the start of the year.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1495 odcinków
Manage episode 461033628 series 2874694
Global bonds continue to sell off with the U.S. Treasury bill now hitting a 14-month high. Meanwhile the 10-year JGB yield reaches its highest level since 2011. Wall Street is dragged down by tech stocks to its fourth consecutive session in the red following President Biden’s announcement of new curbs on A.I. chips. The dollar index soars to its highest level in more than 2 years, putting global currencies under pressure. In energy news, crude prices fall back slightly but still hover at a near-4-month high after an increase of almost 10 per cent since the start of the year.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1495 odcinków
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