Oil price rise puts more pressure on government bonds - Financial Times
Oil price rise puts more pressure on government bonds - Financial Times
Source: Financial Times
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DW NOTE
The 10-year Treasury already yields 5.18%, up 24.5% year-over-year, before oil's latest move. When your deficit is running at $1.8 trillion and the Fed just raised rates for the first time in three years, higher energy costs don't put pressure on bonds — they break them.