Is the bond sell-off over?
Debt investors were given some relief this week as bonds rallied, pushing the yield on benchmark US Treasuries down from a 16-year high, after stronger-than-expected jobs data on October 6.
Ten-year Treasury yields fell 0.15 percentage points this week to 4.63 per cent, despite a brief bounce on Thursday when official figures showed the US inflation rate had failed to ease in line with expectations. Yields move inversely to prices.
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