Chart of the day: Treasury yields push to multi-decade highs despite fading Fed hike bets

The bond market continues to remain a headache for investors, as long-end Treasury yields are threatening to break higher again this week.The softer US jobs report on Friday last week was exactly the kind of data that should have taken some pressure off rates. Non-farm payrolls rose by just 29k, well below expectations around 90k, while the…