The bond bear market is the worst in more than 200 years, according to BNP Paribas' global chief investment officer. Yields on the 10-year Treasury shot up to the 5% mark — a 16-year high on Oct. 19 , before dropping back down. It was last around 4.58% on Wednesday. Yields move opposite to prices. But the overall picture doesn't change, BNP's Edmund Shing told CNBC's " Squawk Box Europe " on Monday. "Let's be honest, financial conditions in the U.S.
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