Overseas Headlines – October 22, 2024
Matthew Walker2024-10-22T08:51:26-05:00October 22, 2024 United States: Bonds Slump Globally as Traders Rethink Fed’s Rate Cut Path Bonds extended losses as investors mulled the prospect of slower US interest-rate cuts, a trend that risks upending debt positions everywhere. The selloff pushed yields on two-year Treasuries higher by as much as two basis points on Tuesday, while 10-year