Browsing: Bond

(Kitco News) – Investors may be tempted by U.S. Treasury yields above 5%, but one prominent market strategist warns that rising borrowing costs represent a growing threat to both financial markets and the broader economy, creating an environment in which investors need to remain broadly diversified with exposure to gold and other commodities.

Global bond markets, led by the US, continued to fall yesterday in what has been described as a “meltdown,” sending yields (interest rates) to their highest levels since before the 2008 financial crisis.

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.

LONDON/TOKYO, Sept 24 (Reuters) – World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest selloff in US Treasuries and other benchmark government bonds since last year’s Liberation Day turmoil.

The bond market is flashing red. The yield on the 30-year Treasury note reached 5.44% on Wednesday, its highest level since 2004, before slipping slightly on Thursday morning. The 10-year Treasury, which influences mortgage rates, briefly neared 5.15% on Thursday morning, a level it last reached in 2001. 

US stock futures slid on Thursday as inflation fears and rising bond yields outweighed hopes for Middle East diplomacy and for the artificial intelligence boom to continue its run.

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

The S&P 500 index (SNPINDEX: ^GSPC) is trading near all-time highs despite a worrying list of negatives. JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon recently laid out some of his concerns, describing “geopolitical tensions and wars, sticky inflation, large global fiscal deficits and elevated asset prices” as “tectonic plates” that could collide. The CEO was…

SINGAPORE/LONDON, Sept 15 (Reuters) – Government borrowing costs hit their highest level since the 2008 financial crisis on Tuesday, with 10-year U.S. Treasury yields rising above 5%, highlighting the tension between fast-growing global debt loads and so far resilient economic growth.

Treasury Secretary Scott Bessent appears to be losing a tug-of-war with the bond markets he is also trying to influence.