Global Bond Yields Rise Amid Energy Costs
Global bond yields surged to multi-year highs this week driven by elevated energy costs and strong economic data. Meanwhile US-Iran talks and US-China meetings yielded limited diplomatic progress.
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Xurve View
Global bond yields surged to multi-year highs on Thursday as a fierce debt rout collided with sticky energy costs across the United States and Japan and Australia trade talks yielded little progress. The turmoil spanned sovereign debt markets from North America to Asia. Benchmark borrowing costs climbed to levels unseen in decades, rattling fixed-income investors worldwide.
