Runway towards higher US Treasury yields looks free and clear ...Qatar

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Runway towards higher US Treasury yields looks free and clear
The obstacles to higher yields in the world’s biggest debt market are slowly melting away. Bond bears appear to be having more than just a moment here at the start of 2021, with Treasury yields finally busting out of long-held ranges to levels last seen in the early days of the pandemic. Most Wall Street analysts see yields gliding even higher, given the vaccine rollout, and the prospect of business reopenings and additional fiscal stimulus. The threat of higher borrowing costs is already looming over risky assets, from US shares to emerging-market securities.  So far, the pace of increase doesn’t appear to be alarming Federal Reserve officials, but traders will be monitoring Chair Jerome P

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