The US government bond market is in the midst of a sell off
- 10-year yield rises to its highest in a month at 4.55%
Other tenors are being hit too.
US equity markets have, so far, shrugged off the steady rise in yields.
This pic is intended to reference equity markets, but it’ll do for yields for now
This article was written by Eamonn Sheridan at www.forexlive.com.