Tuesday, March 04, 2025 | 07:07 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Bond rout deepens as US Fed weighs worst rate hike in 22 years

Australian bonds slid, and the currency jumped, after the nation's central bank increased borrowing costs by more than many had expected

US economic growth accelerates in Q4; corporate profits slow
Premium

US flag.

Bloomberg
Bonds fell around the world as investors braced for the biggest US rate hike since 2000 and a wave of policy tightening by other central banks. Dip-buying sent stocks in Europe higher.

The US 10-year yield traded around 3% after hitting the milestone on Monday. Germany’s benchmark rate rose above 1% for the first time since 2015, while the corresponding yield on U.K. bonds climbed above 2%. Australian bonds slid, and the currency jumped, after the nation’s central bank increased borrowing costs by more than many had expected.
 
Meanwhile, investors betting that global bonds are still expensive took shelter in equities.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in