WS #15198
US 10-Year Treasury yields reached a seven-session high of 5.31%, while UK gilt yields surged to 6%, the highest level since 1998. This historic bond sell-off represents the worst quarter for US Treasuries since 1994, triggering a broad risk-off sentiment across European equities and pressuring growth stocks. The RBA has issued a warning about global bond volatility, suggesting the macro environment is tightening faster than anticipated.
Global Bond Sell-Off
US 10-Year Treasury yields reached a seven-session high of 5.31%, while UK gilt yields surged to 6%, the highest level since 1998. This historic bond sell-off represents the worst quarter for US Treasuries since 1994, triggering a broad risk-off sentiment across European equities and pressuring growth stocks. The RBA has issued a warning about global bond volatility, suggesting the macro environment is tightening faster than anticipated.