Global bond yields hit multi-year highs on inflation, oil prices

Global bond yields hit multi-year highs as inflation pressures and higher oil prices pushed fixed-income markets lower. The move points to tighter financial conditions and a more hawkish rates backdrop, with broad implications for sovereign debt and credit markets worldwide.

Analysis

Global bond yields hit multi-year highs as inflation pressures and higher oil prices pushed fixed-income markets lower. The move points to tighter financial conditions and a more hawkish rates backdrop, with broad implications for sovereign debt and credit markets worldwide.