EconomyBenchmark US bond yield hits 19-year high as oil prices surge
The 10-year US Treasury yield rose to 5.02 percent, its highest level since the 2007 global financial crisis, as traders bet on a Federal Reserve rate hike after oil prices climbed again. Benchmark yields in Germany and Japan also reached multi-year highs amid inflation and debt concerns.
Benchmark US bond yield hits 19-year high as oil prices surge
Economy