US bond yields hit 20-year high, putting Naira and Nigerian stocks under pressure

Yields on US 30-year Treasury debt reached the highest level in nearly 20 years as investors worried that runaway government spending, a barrage of long-term debt sales and inflation running above Fed targets for five years could spur faster policy tightening. The post US bond yields hit 20-year high, putting Naira and Nigerian stocks under pressure appeared first on Nairametrics .