Selling grips bond markets from U.S. to Japan as inflation, fiscal worries take hold

Long-term U.S.-to-Japan and U.S.-to-Germany borrowing costs rose to the highest levels in decades on Tuesday, reflecting renewed inflation worries alongside persistent fiscal pressure concerns. The move dealt bond markets another setback as yields climbed across major sovereign curves.

Analysis

Long-term U.S.-to-Japan and U.S.-to-Germany borrowing costs rose to the highest levels in decades on Tuesday, reflecting renewed inflation worries alongside persistent fiscal pressure concerns. The move dealt bond markets another setback as yields climbed across major sovereign curves.