Global Bond Yields Surge Amid Sovereign Debt Anxiety - Devdiscourse
Global Bond Yields Surge Amid Sovereign Debt Anxiety - Devdiscourse
Source: Devdiscourse
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DW NOTE
Global bond yields are rising because governments spent six years pretending deficits don't compound and central banks spent three years pretending rate hikes work without balance sheet reduction. The U.S. ran a $1.4 trillion deficit through June while holding rates flat against inflation well above target — that's not policy, that's credit risk repricing in real time.