Business
Global Bond Yields Surge as Oil Prices Fuel Inflation Worries
Global bond yields surged Tuesday as renewed tension between the U.S. and Iran reinforced inflation expectations, which increased the prospect of interest-rate hikes in the coming months.
The 10-year U.S. Treasury yield rose to 4.792%, the highest since January 2025, according to LSEG data. The 10-year Japanese government bond yield crossed 3% to hit a 30-year high. The 10-year German Bund yield reached 3.364%, unseen since 2011.
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