Global Long Bond Yields Climb to Highest in Almost Two Decades

Longer-maturity government bond yields have risen to levels last seen during the global financial crisis as a selloff continues. Strategists warn the move has further room to run, implying additional downside for bond prices and tighter financial conditions. The article points to sustained pressure in rates markets rather than a one-off move.

Analysis

Longer-maturity government bond yields have risen to levels last seen during the global financial crisis as a selloff continues. Strategists warn the move has further room to run, implying additional downside for bond prices and tighter financial conditions. The article points to sustained pressure in rates markets rather than a one-off move.