global bond m2026-10-23 03:03:47Risk-Off Mood Lifts Global Corporate Bond Spreads to 129 Basis PointsRisk aversion intensified across global bond markets after a sell-off in AI-related stocks and rising geopolitical tensions. Asian high-grade corporate dollar bond spreads climbed to their highest level since July last year, while the yield premium on global corporate bonds jumped to 129 basis points. The move came as investors grew concerned about the pace of spending tied to artificial intelligence, adding to market turbulence. Citadel Securities CEO Griffin warned about bubble risks, while Blackstone President Jon Gray said demand in the market remains strong. The divergence in those views reflects the uncertainty now shaping sentiment across credit markets.340
US Treasuries2026-10-08 02:58:08Treasury yields hit multi-year highs as Wall Street splits on year-end outlookGlobal bond markets stayed under heavy pressure as Chinese investors returned from the Golden Week holiday, with U.S. Treasury yields pushing to levels not seen in years. The 10-year Treasury yield briefly climbed to 5.36% and the 30-year reached 5.73%, both the highest since 2002, while long-dated UK gilt yields touched their highest level since 1998. A $39 billion U.S. 10-year auction drew strong demand, yet its 5.3% stop yield was still the highest for that tenor since November 2000. The Treasury is also set to sell $22 billion of 30-year bonds and later buy back as much as $6 billion of debt maturing in 20 to 30 years. Wall Street remains divided on where yields go next. Barclays, Danske Bank and Bank of America see room for yields to stay elevated or move higher, with some scenarios pointing to 6% on the long bond. Goldman Sachs, JPMorgan and Morgan Stanley argue current levels are increasingly attractive and could set up a late-year rally, with forecasts for the 10-year yield ranging from 4.75% to 5.05% by year-end. The debate is being shaped by shifting Federal Reserve expectations, oil near $100 a barrel, geopolitical risk linked to Iran and the Strait of Hormuz, and fresh stress in Europe as French government bond spreads widen against Germany.490
Bloomberg2026-09-25 16:18:01Bloomberg: Global bond market shift pushes long-term yields to multi-decade highsBloomberg columnist John Authers said the global economy’s underlying structure is shifting as long-term government bond yields in major economies climb to levels not seen in decades. Japan’s 10-year government bond yield has reached a more than 30-year high, while government borrowing costs in the U.S. and other major markets have risen to levels last seen before the global financial crisis. Even so, the rise in yields has not yet delivered a clear hit to equities or the real economy, with the Nasdaq 100 still posting a record high this week. Authers wrote that the latest violent move in bond markets is more likely tied to economic data that has continued to come in stronger than expected, along with a policy stance from Federal Reserve Chair Warsh that was more hawkish than markets had anticipated. Markets now expect the U.S. overnight rate to reach 4.75% a year from now, compared with an earlier expectation of 3% before the outbreak of the Iran war. He added that if the 10-year U.S. Treasury yield holds near 5%, bonds could become more attractive relative to stocks, though a faster rise in yields could increase fiscal pressure and strain non-bank financial institutions and highly leveraged companies.490
global bond m2026-09-15 08:12:27Global bond sell-off deepens as U.S. 30-year Treasury yield climbs above 5.4%A fresh wave of selling hit global bond markets on Sept. 15, pushing long-dated sovereign yields in several major economies to multi-year highs. In the United States, the 10-year Treasury yield moved above 5%, its highest level since 2007, while the 30-year yield rose past 5.4%, a level not seen since 2004. Japan’s 10-year government bond yield climbed to 3%, the highest since 1996. In Europe, the U.K. 10-year yield broke above 5.4%, marking a new high since 2007. France’s 10-year yield rose above 4.5%, its highest since 2008, and Germany’s 10-year yield reached 3.5%, the highest since 2009. According to BlockBeats, the moves show that major bond markets are facing synchronized upward pressure on yields as the sell-off intensifies across regions.440
Policy Regula2026-09-02 02:05:58Global sovereign debt repricing deepens as Treasury yields rebound and Japan’s 10-year hits 3%A rebound in U.S. Treasury yields has erased the brief relief that followed Treasury Secretary Bessent’s Aug. 19 announcement of an expanded Treasury buyback program. The 30-year U.S. yield has climbed to 5.27%, back to the level seen before the announcement, while the 10-year is hovering near 4.8%, its highest point since January 2025 and more than 10 basis points above that earlier level. The 2-year yield has risen to 4.40%, with markets pricing the probability of a Federal Reserve rate hike this month at about 70%. The repricing is not confined to the U.S. Japan’s 10-year government bond yield has reached 3% for the first time since 1996, the U.K.’s 30-year yield is at its highest since 1998, and Germany’s 30-year yield has climbed to its highest level since 2011. Bloomberg’s global sovereign bond index yield has also moved to a nearly 20-year high. Rising oil prices, ongoing tensions in the Middle East, and firmer expectations for rate hikes by the European Central Bank, the Bank of Japan, and the Reserve Bank of Australia and Reserve Bank of New Zealand are all part of the backdrop described in the report.1060
global bond m2026-09-01 09:31:24Global Sovereign Yields Hit Multi-Year Highs as US, Japan and Other Bond Markets RepriceGlobal government bond markets are in the middle of one of their sharpest selloffs in nearly two decades, with yields rising across the US, Japan, Australia and the UK. The Bloomberg global government bond gauge climbed for a fourth straight session, pushing its yield to 3.72%, the highest level since mid-2008. In the US, the 10-year Treasury yield briefly reached 4.78%, its highest since January 2025, while Japan’s 10-year government bond yield touched 3% for the first time in 30 years. Australia’s 10-year yield rose to its highest level since 2011, and the UK 10-year yield climbed 7 basis points to 5.223%, the highest since June 2008. The report links the move to a combination of hawkish messaging from Federal Reserve Chair Kevin Warsh at Jackson Hole, higher oil prices after an escalation in the US-Iran conflict, swelling US debt supply, and broader expectations that major central banks will keep rates higher for longer. It also points to a structural shift in global capital flows as Japan’s bond market regains relevance after the Bank of Japan ended negative rates in 2024.860
global bond m2026-08-19 03:00:00Long-Dated Sovereign Yields Surge Across the U.S., Europe and Japan as Global Bond Selloff DeepensGlobal sovereign bond markets are going through one of their sharpest selloffs in decades, with long-dated yields rising under pressure from inflation concerns, fiscal expansion and a structural decline in demand from traditional buyers. In the U.S., the 30-year Treasury yield touched 5.33% this week, its highest level since 2007, while comparable yields in France, Germany, the U.K. and Japan also climbed to multi-year highs. According to figures cited by Wallstreetcn and Bloomberg-compiled data, the average yield on a benchmark basket of investment-grade sovereign debt has risen to about 4.5%, the highest since records began in 2015. The report says the move is being driven less by a jump in inflation expectations and more by higher real yields, as investors demand more compensation to hold long-duration debt. On the supply side, heavier issuance by governments and even tech companies is adding pressure, while on the demand side, pensions and other traditional long-bond buyers are becoming less dominant. Strategists and asset managers remain divided on whether the repricing now offers value or whether yields may need to rise further before returns on long-duration bonds become more attractive.920
