All articles tagged with #global sell off
US Treasury yields have risen as concerns over the Federal Reserve's monetary policy sparked a global sell-off in bond markets. Investors are worried that the Fed may raise interest rates sooner than expected, leading to a reevaluation of riskier assets. This has caused yields on US government bonds to climb, with ripple effects felt across global markets.
Regulators are investigating a €5 million bet on Deutsche Bank's credit default swaps that may have triggered a global sell-off on Friday. The illiquidity of the contracts means that a single bet can cause significant market moves. The suspected knock-on effect was a rout that sent banking stocks tumbling, government bonds higher, and CDS prices for lenders soaring, trimming about €1.6 billion off Deutsche Bank’s market value and more than €30 billion off an index that tracks European banking stocks.