Economy

Analysis: Lower Treasury yields could require a weaker economy. Trump won’t fix them

The yield on the 10-year U.S. Treasury note has risen to approximately 4.8%, an increase of 0.75 percentage points over six months, despite the...

2-year yield rises to highest since January 2025 after hot jobs report boosts expectations that the Fed could raise rates

U.S. Treasury yields rose on Friday, with the 2-year yield reaching 4.425%, its highest level since January 2025, up more than 7 basis points....

Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Diesel fuel prices hit a record high on Friday as the wars in Ukraine and Iran knock out refineries, triggering a global supply crunch....

Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC

Renowned economist Mohamed El-Erian told CNBC on Friday that the global government bond sell-off is likely to continue as he sees no appetite for...

World’s biggest sovereign wealth fund plans to cut U.S. Treasury holdings

Norway's sovereign wealth fund, managing $2.3 trillion, has proposed reducing its government bond allocation from 70% to 50%, cutting its U.S. Treasury holdings from...

India’s June quarter GDP print is courting controversy. Here’s why

India announced 7.8% growth for the June quarter, making it the world's fastest-growing major economy, but the figures are under scrutiny. Former finance secretary...

The inflation genie could be out of the bottle — and bond markets are sounding the alarm

A sharp sell-off in global government bonds is revealing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation. Long-term bond...

European Union joins U.S.-led ‘Operation Economic Outcast’ as Iran cries foul

The European Union has officially joined "Operation Economic Outcast," the U.S.-led sanctions campaign aimed at severing Iran from the global financial system. U.S. Treasury...