Global bond yields surge, with Japan 10-year topping 3%
A bond-market rout deepened Tuesday as Japan’s 10-year bond yield touched 3% for the first time, sending borrowing costs to their highest levels in decades, according to the WSJ.
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Global bond yields surge to highest levels in decades
Global bond yields hit their highest levels for decades amid inflation and debt-burden concerns as central banks raise rates. Japanese 10-year yields reached 3% for the first time since 1996; Deutsche Bank says the sell-off is global.