How Bond Yield Surge Will Impact Economies, Markets
Bloomberg • • business
Key Points:
- Long-term bond yields have risen significantly worldwide, increasing borrowing costs due to heightened investor demand for compensation amid inflation fears linked to the war in Iran.
- Concerns about high public debt levels and central bank interest rates are contributing to the rise in yields.
- The 30-year US Treasury yield has surpassed 5%, reaching its highest level since 2007.
- UK government bonds are yielding at their highest rates in nearly 30 years.
- Japan's 20-year bond yields have climbed to levels not seen since 1996.