🚨 JUST IN: Global bond yields hit multi-year highs. https://t.co/onpuRMwwJM ...

Bond Market Trends - Global bond yields are lower today potentially due to trading activity rather than a fundamental shift, with some anticipating a less dovish Fed meeting next week [2] - The long end of the yield curve is leading the decline, which is unusual given global debt concerns [2] - Two-year Treasury yields are down approximately three basis points, 10-year yields are down about six basis points, and 30-year yields are down roughly 7.5 basis points [3] - The decline in US Treasury yields is counterintuitive given stronger US economic data, suggesting short covering may be a driving factor [3] - The 10-year Treasury yield has closed lower for potentially four consecutive sessions, facing technical resistance around 450 basis points (4.5%) based on June data [4] Currency Market Dynamics - Despite the ruling party's election loss in Japan, the dollar-yen exchange rate is decreasing, driven by expectations that key government officials will continue to work on the US trade deal [5] - The dollar-yen exchange rate faces technical resistance around ¥150 [6]

Welcome back to Power Lunch. Global bond yields have certainly been on the move this week. It's settling down a little bit today.Um but trade tensions are back to the four. From Washington to Asia Asia, rising rhetoric over tariffs adding a fresh layer of risk pushing investors to repric everything from sovereign debt to corporate bonds. The 10-year yield today is finally kind of, you know, coming down a little bit.You can see it there on the chart. It was trading above 4.4% 4% for the second day in a row. ...