Miner Company
Weekly Commentary: Bonds Bludgeoned
Treasury long bond (30yr) yields jumped 18 bps this week to 5.12%, surpassing the October 2023 gilt crisis spike to the highest yield all the way back to July 2007. United Kingdom government debt has expanded to a dismal 150% of GDP - up from 2019's 85%.
Treasury long bond (30yr) yields jumped 18 bps this week to 5.12%, surpassing the October 2023 gilt crisis spike to the highest yield all the way back to July 2007. United Kingdom government debt has expanded to a dismal 150% of GDP - up from 2019's 85%.