Why are global bond yields rising, and what does it mean?
- Global bond yields are surging to multi-year and multi-decade highs across major economies.
- Rising oil prices are fuelling inflation fears, increasing expectations of higher interest rates.
- Concerns over large government debts and budget deficits are also pushing bond yields higher.
- Higher bond yields could raise borrowing costs and put pressure on stocks and other financial markets.
Source: firstpost.com
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