WS #14685
The US 30-year bond yield has climbed to its highest level since 2004, reflecting a deepening global government bond selloff driven by energy-driven inflation and fiscal concerns. This macro environment is forcing central banks, including the Bank of England, to maintain hawkish stances with rising odds of further rate hikes. The surge in long-term borrowing costs is actively suppressing risk appetite, weighing heavily on growth stocks and real estate sectors across Asian and European markets.
Bond Market Selloff and Rate Hike Fears
The US 30-year bond yield has climbed to its highest level since 2004, reflecting a deepening global government bond selloff driven by energy-driven inflation and fiscal concerns. This macro environment is forcing central banks, including the Bank of England, to maintain hawkish stances with rising odds of further rate hikes. The surge in long-term borrowing costs is actively suppressing risk appetite, weighing heavily on growth stocks and real estate sectors across Asian and European markets.