Browsing: 30year

LONDON/NEW YORK, Sept 24 (Reuters) – US long-dated Treasury yields rose to their highest in more than 20 years on Thursday, extending a global selloff that has accelerated on worries that high energy costs, resilient economic growth and increased ‌government spending will keep inflation elevated.

The 30-year Treasury yield rose to its highest level since 2004 on Thursday as stocks fell, raising questions about whether volatility in bond yields could prompt a larger pullback in stocks.

Bank of Canada to make rate decisions based on domestic economy, not markets or the Fed, says Macklem