When governments pay more to borrow, so do companies and regular people who take out mortgages and other loans.
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Government bond yields around the world, including in the U.S., are hitting multi-decade highs as investors price in higher for longer inflation due to the Iran war.
Why it matters: The interest rates, or yields, that governments pay on their debt can drive the global economy — when rates are low, countries can spend more freely and drive economic growth.
As government borrowing costs tick higher, mortgages and corporate activity come under pressure.
Global bond markets are experiencing significant interest rate hikes, driven by escalating energy prices from the Iran conflict…
New Zealand Government 10-year bond yields have climbed to about 4.7%.
There have been extra jitters in UK government debt markets ahead of Thursday's local and national elections.
Three charts show the extent of the U.K. government's borrowing woes.
Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous…
Global bonds battered as flaring inflation spooks investors
How a global 'tidal wave' of debt is driving up the cost of borrowing
Global bonds tumble as flaring inflation spooks investors
Global bond rout deepens as Middle East war fuels inflation fears
Treasury yields rise amid global bond rout as inflation fears grip investors
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs | Fortune
Global bond selloff drives yields to multi-year highs amid market turmoil
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay | Fortune
Bond market rout deepens as investors fear ‘stagflationary shock’ from higher oil prices – business live
