The "September Curse" in the bond market is activated: The 30-year US Treasury bond yield is poised to break 5%, with long-term government bond yields around the world falling simultaneously.
Wisdom Financial APP has learned that as the month begins, which has historically been very unfavorable for long-term government bonds, the yield on the 30-year US Treasury bond is rising rapidly, approaching the important threshold of 5% once again, following the downward trend in prices of European long-term government bonds. The wave of selling surrounding global government bonds is continuously pushing up long-term government bond yields, which in turn is starting to have a negative impact on overall stock market valuations. The three major US stock indexes and major European benchmark indexes are all turning downwards as long-term government bond yields approach historical highs.
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