A brief rally in U.S. Treasury bonds as a safe haven has not held up, Bloomberg reported, as inflation and a hawkish Federal Reserve have pushed yields higher again.
Bond yields move inversely to prices, so rising yields signal that investors are selling Treasuries and demanding more return, reversing the flight to safety that had drawn buyers into government debt.S2
Separately, Motley Fool noted that Costco stock, which rarely trades at a cheap valuation, has also seen its brief dip prove short-lived.S1