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global bond selloffCNBC
•Business
Business & Economics
79% Informative
Moody's downgrade of U.S. credit rating and President Donald Trump 's tax bill has brought to fore investors' fiscal concerns globally.
Unease with worsening fiscal trajectories is driving the global bond selloff, experts said.
The sell-off in Treasurys comes on the back of the exodus in American assets in April .
India 's 10-year government bond yield inched lower by about 2 basis points since Monday , while China 's 10-year yield also slipped marginally. "Foreign investors and global factors are far less relevant determinants for their respective yield curves," he said..
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