PremiumJamie GrayBusiness Reporter·NZ Herald·17 May, 2026 10:00 PM5 mins to read‌Government borrowing costs are surging as bond yields rise here and around the world.Government borrowing costs are surging as bond yields rise here and around the world.New Zealand government debt servicing costs are rising as sovereigns around the world grapple with higher inflation and greater demands on the public purse.

Last week, the United States Government sold 30-year debt at 5% for the first time since 2007, amid concerns over rising inflation caused by the Iran