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Reuters

Reuters

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Business & Economics

Morning Bid: Pre-Trump trades lift US yields, yuan shaky

Reuters
Summary
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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 .

VR Score

89

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96

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formal

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English

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54

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short-lived

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