10-year Treasury yield climbs above 5.3% to a level not seen in 24 years
Thread
Unofficial Hacker News client; not affiliated with Y Combinator.
10-year Treasury yield climbs above 5.3% to a level not seen in 24 years
Unofficial Hacker News client; not affiliated with Y Combinator.
spwa4 · · focus · HN ↗
There's some details, like Hungary actually being down to 5.8%, presumably through more trust in the current government vs the last. But the pattern vs 3 years ago is one of constant rise.
And there are exceptions, India, for example, is showing a different pattern. China does not make sense (but I'm sure that's just by design). Russia, but I have a guess for that one. Ukraine ...
Almost like bond investors are expecting something dramatic to happen soon, with odds rising fast, at least across US and EU, including individual countries. At the very least, investors are expecting an economic disaster for the next 10 years (at least compared to the last 10 years)