Global bond yields rise as persistent inflation and strong jobs data fuel central bank rate hike expectations

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Global bond yields rise as persistent inflation and strong jobs data fuel central bank rate hike expectations

⚡ Markets: Higher bond yields increase borrowing costs for governments and corporations, pressure equity valuations (especially growth stocks), and strengthen the US dollar. This is a headwind for all risk assets.US TreasuriesGerman BundsS&P 500USD

Government bond yields are rising globally, with U.S. Treasury yields approaching key levels, as investors anticipate further interest rate hikes from central banks like the Fed and ECB. Stubborn inflation, rising energy costs, and a hot U.S. jobs report are driving expectations for tighter monetary policy.

West MSM 3Google West 1Financial press 10Non-West State 1Google Non-West 1Regional 26 countries

18 sources across the spectrum

Google WestGoogle News (US) — ‘Uncharted territory’: The $40 trillion U.S. national debt just got uglier as interest payments rise to $1.25 trillion a year

Financial pressThe Economist — Inflation is back around the world—as is the fight against it

Non-West StateAl Mayadeen — ECB set to hike rates as war on Iran drives up energy costs

Financial pressWall Street Journal — Stocks Fall After Hot Jobs Report

Financial pressBloomberg — Gold Holds Decline as Traders Weigh Prospects for Fed Rate Hike

West MSMReuters — Another rate hike, just for insurance: Five questions for the ECB

Financial pressCNBC — Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets

Financial pressThe Economist — What are bond markets up to?

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