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Oped, Dambisa Moyo, Published on 16/06/2025
» Sovereign bond yields have been rising sharply around the world, driven by growing concerns over US President Donald Trump's economic policies and an increasingly uncertain global outlook. In less than a month, the yield on 10-year Treasuries jumped by 50 basis points to 4.6%. And in May alone, the 30-year Treasury rate rose by 30 basis points, briefly topping 5%.