Why Investors Should Buckle Up for More Pain From the Bond Market Sell-Off

The bond market is sending a message that investors can no longer afford to ignore: borrowing costs may remain elevated for longer than markets had hoped. In September, the U.S. 10-year Treasury yield moved above 5%. While the 30-year yield climbed as high as 5.39%, its highest level since 2004. That move matters because Treasury […]

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