macro

Reasons for rising yields differ somewhat from those in America, but are no less problematic

A slide in Europe and UK government bond markets continued on Wednesday, as natural gas prices rose further and kept investors worried about inflation.

The selloff sweeping global bond markets looks painful, but it’s nothing compared with the rout four years ago, when soaring inflation forced central banks into a series of rapid-fire interest-rate hikes.

The yen strengthened against the dollar after Bank of Japan Board Member Hajime Takata, one of the bank’s most hawkish members, left the door open for an outsized interest-rate increase as well as back-to-back hikes.

Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

Tradition Dubai Global Macro Advisor Steven Major says the global bond selloff is being driven largely by shifting interest-rate expectations rather than dysfunction or fiscal stress in the US Treasury market. He joined Horizons Middle East and Africa and discussed how persistently high oil prices c

The yield on 30-year US government bonds climbed back to levels seen just before Treasury Secretary Scott Bessent expanded a buyback program in an effort to contain long-term borrowing costs.

Reasons for rising yields differ somewhat from those in America, but are no less problematic

Stocks and bonds sold off, while gold extended its decline, as renewed fighting in the Middle East drove oil prices higher, fueling inflation fears and expectations for tighter monetary policy.

The yields on the longest-dated US government bonds shot back to levels seen just before Treasury Secretary Scott Bessent shocked markets last month by expanding a buyback program in an effort to halt the rise.