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BOND INVESTMENT

Rising bond yields spook world shares as investors look to Powell

Rising bond yields spook world shares as investors look to Powell

TOKYO (Reuters) - Resurgent worries about rising U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell will address concerns about the risk of a rapid rise in long-term borrowing costs. The spectre of higher U.S. bond yields also undermined low-yielding, safe-haven assets,...

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Daiwa Securities Fed Hirokazu Kabeya Powell U.S. U.S. Treasuries

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