Up, Up and Away: What Higher US Bond Yields Mean for Markets & You | The Market Edition EP1
Description: Market Watch is our weekly Friday rundown of the events shaping capital markets and corporate life, in Malaysia and beyond.
We open the series with the biggest government bond market on the planet. US Treasuries have been sold off hard, sending the 30-year yield past 5.64 percent, territory it has not seen since 2002. The pain has spread, with France, Germany, the UK and Australia all paying more to borrow.
Shou Ning starts with the basics: how the US bond market works, and why governments that spend more than they earn rely on bills, notes and bonds to stay funded. Malaysia's…
The skinny
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