Global Bond Markets Are Imploding: But What Are They Saying About China, Oil, and the Economy?
Global bond yields jumped on Friday as oil costs climbed. The UK 30-year gilt hit 5.82%, its highest degree since 1998. The selloff hit US Treasuries, UK gilts, and Japanese authorities bonds. Traders at the moment are asking what fastened earnings is signaling about China, oil provide, and authorities deficits. A Synchronized Yield Spike Across…
