NEW YORK – US Treasury yields are pressing against their highest levels since 2007, and Asia’s policymakers know what that usually means: turbulence ahead. This week’s $42 billion auction of 10-year notes cleared at 4.683%, the richest yield since the eve of the global financial crisis. Investors are demanding higher yields to fund Washington’s borrowing as […]
Tag: Currencies
Posted inAT+
Yen’s loss could be yuan’s gain
Posted inEuropean Union, Iran, Middle East, Turkey, World
