US debt worries mount
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Kia ora.
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from interest.co.nz.
Today we lead with news we may be seeing the end of markets regarding US Treasuries as safe-haven assets – although to be fair it isn’t clear what would replace it.
Long-maturity US Treasury yields rose today to reverse the drop we noted yesterday. The yield on the US 10-year bond rose back towards the earlier 20-month high this week…
The skinny
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