Global bond yields surge on concerns over government spending and prolonged high rates

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1. 1Bond yields in major economies including the US, Europe, and Japan are rising together, touching multi-year and multi-decade highs.
2. 2France and UK 10-year yields are at their highest since 2008, while Japan's 10-year yield hit 3%, a 30-year peak.
3. 3Energy inflation from the Iran situation and rising war- and defense-related borrowing fuel concerns over prolonged high rates and increased bond supply.

Source CNN Business · View original ↗

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