US 30-year bond yield tops 5% as Kevin Warsh takes Fed helm and inflation rises
The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.
The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.
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