‘The U.S. is not the only game in town anymore’ — Treasury debt faces more competition from higher-yielding bonds overseas than in recent decades
- The U.S.: 4 events in the last 90 days
- Previous: 2 days earlier · The U.S. debt tops a record-shattering $40 trillion. Yes, with a T
What happened
Yields on U.K. bonds have reached 5.81%, and German bonds are also paying 3.76%, versus 5.27% for a comparable U.S. bond. It's a big reason U.S. rates have been drifting higher.
Summary assembled by rule from the sources below
Timeline
- First appeared on FortuneFortune