Global Bond Selloff Deepens, US 30 Year Hits '07 High The world's bond markets are in turmoil as investors rush to sell their holdings in search of safer havens, sending yields soaring and prices plummeting.
The benchmark US Treasury yield curve has inverted, with the 2 year rate surpassing the 10 year, a move that often precedes recession.
This trend is mirrored globally, with investors abandoning lower yielding assets for higher risk investments.