The Zhitong Finance App learned that a wave of sell-offs in the bond market has pushed the yield on a key US Treasury bond to a level close to 5%, increasing concerns from Wall Street to Washington about rising borrowing costs impacting the US economy.

The Zhitong Finance App learned that a wave of sell-offs in the bond market has pushed the yield on a key US Treasury bond to a level close to 5%, increasing concerns from Wall Street to Washington about rising borrowing costs impacting the US economy.