EconomyGlobal bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears
A worldwide bond selloff sent the U.S. 10-year Treasury yield close to the closely watched 5% threshold on Friday. Investors were rattled by inflation fears after oil prices surged well above $100 a barrel and by growing expectations of a near-term U.S. rate hike.
Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears
