π Global bond rout pushes US yields to 2004 high
A global bond rout continues, causing significant market movement across international debt. This trend has pushed the yield on the 30-year US Treasury to its highest level since 2004. Investors are reacting to ongoing economic uncertainties and interest rate expectations worldwide. This rapid upward movement in yields signals growing risk aversion among global financial players. Markets are now watching central bank announcements closely for the next major shift. π