The current situation of U.S. Treasury bonds reflects the stresses of a changing global economic order.
At the traditional financial conclave, the Fed chairman noted that the move in rates continues with more upside risks than downside risks, and that he was ready to continue raising them if necessary.
The deterioration of the global economy resulted in greater uncertainty for companies and, therefore, less investment in technological solutions.
The PMIs show that the global economy is losing momentum across the board.