Rising Yields and Geopolitical Tensions Keep Markets on Edge

Treasury yields surged this week, with 10-year briefly touching 5% and causing pain for mortgage rates, investment funds, banks, and emerging markets.

Fed Chair Powell said uncertainties complicate balancing tightening too much or too little, keeping pressure on bonds.

President Biden asked for billions to help Israel fight Hamas while Israel's defense chief told troops to prepare for Gaza.

Japan core inflation slowed but remained above BOJ target, still spurring bond sell-off.

China to require permits for graphite exports used in electric vehicle batteries.