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UK and US government bond yields rise, far exceeding pre-financial-crisis levels

PANews September 26 According to Bloomberg, long-term government bond yields in major global economies have risen rapidly recently, with US 10-year Treasury yields at one point rising to approximately 5.2%, the highest level since before the financial crisis; UK 10-year government bond yields rose to approximately 5.38%, reaching a 30-year high; French 10-year government bond yields also rose to approximately 4.68%. The report noted that this bond-market sell-off has raised government borrowing costs, highlighting the risk of mounting sovereign debt burdens. It is considered a greater potential threat to the economy and households’ medium- to long-term financial conditions than the current discussion of risks surrounding artificial intelligence.

Source: https://www.panewslab.com/zh/articles/01a0dc62-e49e-72d6-b434-fee28b23f390