Global bond yields rise as government debt markets sell off
September US Flash Composite PMI
Government bond yields have risen sharply across the United States, Germany, Japan and Europe, with the US 10-year yield near a two-decade high. Inflation, oil prices, strong US data and government borrowing and spending are cited as pressures.
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US 10-year government bond yields are around their highest level in two decades.
2 of 2 sources“It nevertheless remains near its highest level since 2002”
US 30-year government bond yields are around their highest level in two decades.
“The US 10-year and 30-year government bond yields are now around two-decade highs”
- 58.4
September US Flash Composite PMI
“The September Flash Composite PMI ... surged to 58.4 from 56.0 in August”