Global Bond Yields Hit 2008 Highs and Threaten Borrowers
Government borrowing costs hit their highest levels since the 2008 financial crisis on Tuesday, with 10-year U.S. Treasury yields climbing above 5% according to market data reported by Reuters. The surge increases financial pressure on heavily indebted borrowers who have previously been shielded by resilient economic growth, driven higher by widening conflicts pushing oil above … Read more