
Federal Reserve Chair Kevin Warsh said the central bank would take its cues from the bond market. One bond manager says that plan backfired quickly.

Bonds slid in the third quarter as sticky inflation and heavy corporate borrowing pushed yields higher, Morningstar's Sarah Hansen reported Wednesday. Key Takeaways: Treasury yields climbed to levels

A 30-year U.S. Treasury yield near 5% is rare. It has appeared on only a handful of trading days over the past decade, according to Thornburg Investment Management.