
The Intelligence: higher-for-longer interest rates
The Intelligence from The Economist
Bond Yields Rise as Investors Reassess World Economy: Economist
Bond yields have increased globally, indicating a shift in investors' expectations for the world economy. Long-term bond yields have reached 5% in the US and UK, close to 3% in Germany, and even Japan's traditionally low rates have seen upward pressure. Higher bond yields suggest anticipated higher central bank interest rates, which have various implications for the economy.
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