Treasury Yields Rise as Global Bond Selloff Deepens — SkimNews

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- Treasury yields pushed toward multiyear highs as investors weighed global risks and the prospect of the Fed holding rates higher for longer.
- A selloff deepened across both US and European government bond markets, with Bloomberg's headline linking the move to Trump spurning Iran's offer.
Why it matters: Rising Treasury yields raise federal and corporate borrowing costs, and a synchronized US-European selloff shows the market has accepted the Fed's higher-for-longer stance rather than expecting near-term rate relief.
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