US Interest Rates Are Exploding Higher Right Now

Did you like Treasuries when yields were at 2.00?

Then you should REALLY like Treasuries now.

The yield is up to 2.24% after a few furious days of risk-on activity and people dumping Treasuries.

The dumping has been really furious in the last few minutes.

image

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.