Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.
Strong U.S. economy have given the central bank the space to focus on the inflation problem, Fed policy-makers say
Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers.
Nisha Patel, SMA Fixed Income Portfolio Manager at Parametric, and Deirdre Dunn, Head of Rates Trading at Citigroup, join Scarlet Fu on "Bloomberg Real Yield." Global bonds are renewing investors fears about inflation and another Fed rate hike as yields jump. (Source: Bloomberg)
