Buyers flock to bonds after 30-year yield hits highest since May

Q: How long will it take to read this news story?

The story "Buyers flock to bonds after 30-year yield hits highest since May" has 671 words across 23 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Buyers flock to bonds after 30-year yield hits highest since May" was covered 11 hours ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 44 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23696496</li><li>URL: https://beamstart.com/news/buyers-flock-to-bonds-after-17320178428615</li></ul>

Business Mirror Logo Business Mirror 11h ago

Buyers flock to bonds after 30-year yield hits highest since May - Business Mirror

Quick Summary:

The highest 30-year US Treasury yield in almost six months attracted buyers on Monday, helping buoy bonds as investors assess how Donald Trump’s presidential victory may affect the economy and Federal Reserve’s policy.

The selloff has largely extended since the Nov.5 election, when Trump’s win heightened concerns over how the president-elect’s promises of steeper tariffs, lower taxes and looser regulations will impact rates.

Investors expect the central bank’s key borrowing costs to fall to about 3.8 percent by the end of next year, or about 75 basis points below the current level.