Bond Report: U.S. bond yields rise after Russia resumes gas flows and ECB hikes rates

by | Jul 21, 2022 | Stock Market

U.S. Treasury yields rose on Thursday, as the resumption of gas flows to Europe reduced concerns about a sharp economic slowdown on the continent and the ECB raised borrowing costs for the first time in more than a decade.What’s happening The 10-year to 2-year spread of minus 19.6 basis points means the yield remains near its most inverted since the great financial crisis, potentially signaling a looming economic downturn.What’s driving markets Worries…

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