"Trump Inauguration Raises Bond Yields"
This is a China news story, published by Yahoo Finance, that relates primarily to Treasury news.
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year Treasury bond yieldReuters
•Morning Bid: Pre-Trump trades lift US yields, yuan shaky
78% Informative
The 30-year Treasury bond yield on Monday hit its highest level in more than two years - breaching last year's peak to reach 4.85% .
The long bond yield is now stalking the 5% level last topped in late 2023 .
China 's stock exchanges and central bank on Monday scrambled to defend the currency and shore up a stock market relapse that has seen the mainland Chinese stock index lose more than 5% last week .
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