Bond Sell-Off Sends Borrowing Costs to Highest Level Since 2007

Yields on the 30-year U.S. Treasury and government bonds across the world rose to multiyear highs as investors fret about inflation, deficits and A.I. spending.

High bond yields put upward pressure on mortgage and credit card rates.

JIM WATSON / AFP via Getty Images President Donald Trump’s disastrous second stint at the White House has set off a market fireworks display not seen since the eve of the 2007 financial crisis that cratered the global economy. In simple terms, investors are reluctant to lend the government money, and are demanding more

Concerns about inflation and more debt supply is hitting the fixed income sector.

Global Government Bond Yields Hit Multiyear Highs  WSJ

US 30-year yields hit highest level since 2007 as war, oil worries fester  Reuters

Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan Government borrowing costs in several advanced economies hit their highest level since the 2008 financial crisis, or even earlier, on Monday, as investors feared the Middle East crisis would keep inflation persistently