Sovereign bond yields in major economies have climbed to their highest levels in decades, reflecting a significant shift in global debt markets.
- The U.S. 10-year Treasury yield hit 5.3%, a level not seen in 24 years.
- British gilt yields reached peaks unseen since 1998, while the U.S. 30-year Treasury crossed 5.4%.
- German Bund yields rose to 3.5%, surpassing figures recorded after the invasion of Ukraine.
- Japanese yields climbed to 3%, a threshold not breached since the 1990s.
Spanish bond yields have followed this international trend, rising to 3.8%, though the country’s risk premium remains stable. #finance #economics #bonds #markets