U.S. Treasury yields climbed further, with the 10-year above 4.80% and the 30-year nearing 5.30%, prompting Mohamed El-Erian to warn that persistent higher yields could turn interest-rate risk into credit risk. Markets are now watching for broader stress.
published
U.S. Treasury yields climbed further, with the 10-year above 4.80% and the 30-year nearing 5.30%, prompting Mohamed El-Erian to warn that persistent higher yields could turn interest-rate risk into credit risk. Markets are now watching for broader stress.
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