German 10-year bund yields touch highest levels since September 2015
The resurgence of global yields has been one of the contributing and leading factors to the global rout in equities, and if bond yields continue to push higher, expect the rout to deepen further.
US 10-year yields touched a high of 2.88% in trading so far today (four-year high), and is helping to provide the benchmark sentiment in bond markets across the globe. This could turn into a really ugly week for the global stock market.
