Treasury yields soar to almost 5% on inflation fears - Semafor — SkimNews
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- U.S. Treasury yields climbed to almost 5%, hitting multi-year highs on inflation fears
- August CPI data showed sticky inflation, reinforcing those concerns and sparking a global bond selloff that pushed 10-year yields to the cusp of 5%
Why it matters: Treasury yields approaching 5% are explicitly tied to sticky August CPI inflation across every outlet's headline. Cross-coverage spanning Semafor, CNBC, the New York Times, and Yahoo Finance shows the move is a global bond rout, not just a U.S. phenomenon.
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