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Mohamed A. El-Erian, president at Queens' College, University of Cambridge, shares an overview of G-7 sovereign yields as the new week begins.
He points to a lineup of 10-year government debt yields, citing recent data from the Wall Street Journal to highlight current trends in major government bond markets.
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El-Erian previously highlighted when the U.S. 10-year Treasury yield reached 5.22 percent, marking its highest level since 2002. He has also noted the U.S. budget deficit nearing $2 trillion for the fiscal year ending September 30, around 6% of GDP. These data points reflect El-Erian's ongoing focus on major indicators in sovereign debt markets.