Global Bonds Post Worst Month in Years
Global bonds recorded their worst month in years as benchmark yields surged and stocks declined for September. Energy costs fueled inflation fears while oil prices gained.
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Global bonds closed out their worst month in years on Wednesday, with the benchmark 10-year United States Treasury yield rising and posting its biggest monthly increase since 2022. The S&P 500 registered a decline for September, while European shares suffered their first monthly fall in six. The surge in bond yields reflects mounting inflation fears driven by soaring energy costs and AI-fuelled economic growth.
