U.S. Treasury yields surpass 5.5%, new ETF launches on Hong Kong Exchange
Source:
flash.jin10.com
The yield on U.S. 30-year Treasury bonds has surpassed 5.5%, reaching the highest level since 2004, while the 10-year yield rose to 5.23%, continuing to set new highs not seen since 2007. The Hong Kong Stock Exchange listed two new ETFs today and will begin accepting Chinese government bonds, among others, as non-cash collateral starting in November.