Bond Rout Could Get Even Uglier If Term Premium Joins the Fray
A 2017 50 subject uncut sheet of $1 dollar notes sits on display in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Bond Rout Could Get Even Uglier If Term Premium Joins the Fray

(Bloomberg) -- The breakout in 10-year Treasury yields to the highest since 2011 has come with little accompanying increase in the extra premium that investors usually command for locking up cash w...
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