What the current bond market turmoil says about the economy
Scary bond market headlines – warnings of an impending financial crisis – have been in the news for weeks now thanks to a rise in U.S. Treasury yields. This market is the bedrock for much of the global financial system and changes in it can ripple across governments and companies and right into people’s bank accounts.
Scott Barlow is a columnist for Globe Investor. He explains the worry about the current rising bond yields, what’s behind the increase and what kind of impact it may have on your life.
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