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Bond Slide deepens, with no end in sight

Investors’ sharp pullback from government bonds in recent days reflects the growing gloominess of the markets’ outlook following Friday’s surprisingly hot inflation report.

Shaken by data showing a broad-based rise in consumer prices, bonds fell sharply on Friday and then again on Monday, pushing yields on US Treasuries – which rise when prices fall – to their highest levels in more than a decade. ‘a decade.


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