• Q&A: Why rising interest rates are shaking financial markets

    2 monthes ago - By Chron

    NEW YORK - The foundation at the center of the investment world is shaking.
    U.S. Treasury bonds are considered among the closest approximations to a "safe" investment in the financial system, which makes them a benchmark for most other investments. A pronounced move in Treasury prices ripples through to stock and bond markets around the world.
    Lately, those prices have been heading sharply lower, meaning the bonds' yields have been spiking. The yield on the 10-year Treasury note climbed above 3.23 percent at one point on Wednesday, up from 3.05 percent last Tuesday, and is close to its...
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