Rising US Treasury yields put Asia back on edge
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NEW YORK – US Treasury yields are pressing against their highest levels since 2007, and Asia’s policymakers know what that usually means: turbulence ahead. This week’s $42 billion auction of 10-year notes cleared at 4.683%, the richest yield since the eve of the global financial crisis. Investors are demanding higher yields to fund Washington’s borrowing as […]
The post Rising US Treasury yields put Asia back on edge appeared first on Asia Times.
The post Rising US Treasury yields put Asia back on edge appeared first on Asia Times.
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