Business
Bond Yields Could Come Down as Fast as They’ve Climbed
Sometimes, the simplest explanation for something works. And in the case of the Treasury market, it appears that the main reason bond yields are rising is because short-term
interest rates are likely to rise.
There are many risks that can frighten the bond market. Runaway inflation. Unsustainable fiscal deficits. Excessive bond issuance by tech companies. And as 10-year Treasury yields have climbed toward 5%, there has been no shortage of headlines about those threats.
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