SINGAPORE (July 16): The yield on US 10-year Treasury bonds hit 3% for the first time since 2013 recently. Although it may be more symbolic than symptomatic of a broader shift in sentiment, it is nevertheless a significant event that is caused by and reinforces the market’s perception that inflation will pick up. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe