Bond Yields Are Surging Around the World — But China Is Bucking the Trend: ‘The Economy Is in Its Own World’
A global bond selloff has pushed borrowing costs to multi-decade highs across major economies such as the U.S., UK and Japan, while China’s yields sit near record lows. Yields Are at Levels Not Seen in Decades “The yield crisis has gone global. Except for China,” The Kobeissi Letter said in a post on X on Tuesday, adding that its 10-year yield sits at 1.69%. Meanwhile, the 10-year yield in the U.S. climbed to 5.04%, its highest since 2007. In the UK, 30-year yields are at their highest since 1998, while France’s 10-year yield is at its highest since 2008 and Germany’s 10-year Treasury yield is at its highest since 2009. Japan’s 10-year bond yield hit its highest since 1996. “China’s economy is in its own world,” the market commentator added. The yield crisis has gone global. Except for China. Yields are now up to 2007 levels in the US, 1998 levels in the UK, 2008 levels in Germany and France, and 1996 levels in Japan. In China? Government borrowing costs are near their lowest on record. This stark contrast is one… pic.twitter.com/GhGBQVNkuL — The Kobeissi Letter (@KobeissiLetter) September 15, 2026 Why China’s Bond Yields Are Staying Low China is still working through a multi-year
, UK and Japan, while China’s yields sit near record lows. Yields Are at Levels Not Seen in Decades “The yield crisis has gone global. 69%. S.
04%, its highest since 2007. In the UK, 30-year yields are at their highest since 1998, while France’s 10-year yield is at its highest since 2008 and Germany’s 10-year Treasury yield is at its highest since 2009. Japan’s 10-year bond yield hit its highest since 1996. “China’s economy is in its own world,” the market commentator added.
The yield crisis has gone global. Except for China. Yields are now up to 2007 levels in the US, 1998 levels in the UK, 2008 levels in Germany and France, and 1996 levels in Japan. In China?
Government borrowing costs are near their lowest on record. com/GhGBQVNkuL — The Kobeissi Letter (@KobeissiLetter) September 15, 2026 Why China’s Bond Yields Are Staying Low China is still working through a multi-year deflationary stretch, with the 2021 property crash continuing to drag on consumption and price growth. That backdrop has reinforced expectations for an accommodative monetary-policy stance from the People’s Bank of China. 50%.
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S. S. GDP versus 2% for Treasuries. That marks the first time this century, outside brief periods during the COVID-19 pandemic and the aftermath of the global financial crisis, that foreign flows into stocks have overtaken flows into government debt.
From the Financial Times: "Foreign investors are now buying more US stocks than government bonds…. com/mVF7tu8Bqt — Mohamed A. 02% in early premarket trading on Wednesday. 06% in pre-market trading.
According to edge rankings, the iShares 7-10 Year Treasury Bond ETF has a Momentum score in the 25th percentile and a negative price trend across the short, medium, and long term. See More: Top Momentum Stocks Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Photo courtesy: Shutterstock