Investment Weekly
Chart of the week – Surging bond yields
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Government bond yields are making headlines across the G7. US 10-year Treasury yields touched 4.8 per cent this week, their highest since late 2023. In Japan, 10-year JGB yields breached 3.0 per cent, a level not seen since the 1990s, while UK Gilt yields reached new post-GFC highs. But for investors it is not simply the speed of the rise or the level of yields that matter – it is the reasons for the moves.
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