Adam Button
Market mood dims as US 30-year borrowing rates hit the highest since 2002
US 30-year yields are now up to the highest since 2002 as 30-year yields rise 5 basis points to 5.61%. There is a simple story here, the combination of inflation, too-high fiscal spending, rising energy prices and a glut of debt is making it more-costly to borrow. There is only s
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