Thornburg Investment Management Christian Hoffmann in MarketWatch

‘The world has changed’ as investors absorb highest Treasury yields in a dozen years or more

Rising yields ‘are forcing investors to reconsider not just duration positions, but also the risk premium of global assets at large,’ said Christian Hoffmann of Thornburg Investment Management.

The world suddenly looks like a different place on Thursday, after Treasury yields ended the New York session at their highest levels in a dozen years or more.

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