13 Jul 2021
Why Treasury yields matter
By Staff Writer
We’re halfway through the year, and global investors are reassessing some of the broad views that have held for the past six or seven months. In particular, we’ve seen long bond yields falling sharply. Taking the US as an example, since it has the most important bond market, its 10-year Treasury peaked at 1.7% in March but has since pulled back to 1.3%.