This Wall Street Journal chart illustrates that the sharp rise in yields is essentially a global phenomenon ... led mostly—though not exclusively—by the US, and interrupted for now by the US Treasury
#economy #markets #yields #bonds @WSJ — via @elerianm
What changed
#economy #markets #yields #bonds @WSJ — via @elerianm
Why it matters
Global yield surge, US-led, with Treasury YCC circuit breaker interrupting.