Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.

Several 30-year yields hit multi-decade highs this week, with analysts pointing to ongoing fiscal and monetary concerns as well as supply dynamics.

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.

A global bond rout is underway, but gold prices, which typically suffer when yields rise, have surged to new highs.