October 4, 2018・Key Gold Headlines
US Treasury Yields Hit Seven Year High; Rising Interest Rates Could Be Bad News in Debt-Ridden Economy
Interest rates are climbing quickly. The yield on the 10-year US Treasury hit the highest level since 2011 in the midst of a massive bond sell-off Wednesday. The selloff spread across the globe on Thursday morning. ZeroHedge called the spike in yields a “monster move.”