Markets
Global bond yields hit multi-decade highs as US-Iran tensions revive inflation fears
A global bond selloff driven by renewed US-Iran hostilities has pushed yields to multi-decade highs, raising borrowing costs across sovereign and...
Analysis
Japan's 10-year JGB yield reaching 3% for the first time in 30 years forces a global duration repricing with direct transmission to US Treasuries and European sovereigns. The Bank of Japan's YCC abandonment already strained cross-currency carry trades; a further yield move accelerates Japanese institutional repatriation of foreign bond holdings, adding selling pressure to Gilts and Treasuries at the precise moment UK fiscal headroom is constrained and Warsh has signaled rate hikes are back on the table.
4 days ago
