10-Year Treasury Yields Hit 19-Year High Amid Inflation Concerns
1 report, 1 independent
Updated Sep 23
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What happened
Robin Wigglesworth discussed the importance of the bond market with Kai Ryssdal. The discussion occurred against a backdrop where yields on the 10-year Treasury note reached a 19-year high. This rise followed a report suggesting that inflation is not slowing down.
From marketplace.org
Why it matters
Wigglesworth stated that the bond market is the bedrock of the entire financial system and is where most lending takes place. The volatility in the bond market, driven by inflation concerns, signals significant shifts in global financial stability.
From marketplace.org
Who's involved
- Robin WigglesworthJournalist and author discussing the role of bonds in the financial system.
- Kai RyssdalRadio host who conversed with Robin Wigglesworth about a forthcoming book.
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The entities involved
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Robin Wigglesworth
journalist and author
Nothing else this week.
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Financial Times
London-based daily newspaper
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Kai Ryssdal
Radio host, United States Navy officer
Nothing else this week.