Treasury Yield Rises to Nine-Year High Versus Sovereign Peers
- Premium on U.S. long-term debt climbs to 1.4 percentage points
- U.S. seen raising rates in 2016 while other economies stagnate
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Treasuries pay the most compared with other government bonds in almost a decade -- and the danger to debt holders is that U.S. yields keep rising.
America’s sovereign securities due in 10 years or longer yielded 1.4 percentage points more than their counterparts around the world Tuesday, based on Bank of America Merrill Lynch indexes. The premium is the widest since July 2006.