Rising Global Bond Yields: The Test For Risk Assets
2026-05-22·via All Articles on Seeking Alpha
Summary
Global bond markets have sold off sharply in recent weeks, pushing long-end yields to multi-decade highs across major markets.
U.S. 30-year yields hit their highest level since 2007, 30-year JGBs since their introduction in 1999, UK gilts since 1997, and German bunds since 2011.
Equities have, so far, absorbed the rise in yields without too much damage. However, investors are increasingly concerned that rates are approaching levels that could challenge valuations.
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By Seema Shah, Chief Global Strategist
Global bond markets have sold off sharply in recent weeks, pushing long-end yields to multi-decade highs across major markets. U.S. 30-year yields hit their highest level since 2007, 30-year JGBs since their introduction
