Global bond rout sends long-term borrowing costs to multiyear highs

'When you have a lot of debt and run unsustainably large budget deficits, you’re extremely vulnerable to any old shock that comes along. It’s not about the shock, but - instead - the mess we are making of fiscal policy on a global scale.' robinjbrooks.substack.com/p/global-bon...

Global bond markets have caught on fire. The most notable spike in long-term yields is happening for the US and France, but at this point the rise in long-term yields is truly a global phenomenon. Reckless fiscal policy is catching up with governments... robinjbrooks.substack.com/p/global-bon...

“The yield,or interest rate,on 30-year French bonds rose to its highest level since September 2008 at 4.8558%” Rates rising in the US and other economies coupled with little economic growth = STAGFLATION Global stagflation brought to you by DJ Trump #Sheshed www.theguardian.com/business/202...

This Bloomberg chart illustrates the comment that higher government bond yields are a global phenomenon. What makes this cycle different from past ones includes: G7 Vulnerability: The debt cycle spotlight is as much on the G7 (France, Japan, and the UK in particular) as on developing countries...

“You are on a bus called the 30-year bond and there is a cliff coming, but you don’t know if it is 100 meters away or 100 miles away,” he said. “You are hoping you can get off the bus before it crashes. That is the conundrum we face.” www.nytimes.com/2026/08/18/b...

Bond Sell-Off Sends Borrowing Costs to Highest Level Since 2007 www.nytimes.com/2026/08/18/b...

Only someone as deranged, as demented, as stupid as Trump could do this. He's added 1/3 of our national debt and he has 2-1/2 years to go. Interest on our debt now exceeds $1 trillion. Interest payments will exceed 25% to 35% of our tax revenue in the next two decades.

A lonely hill I will continue to die upon is that media outlets should not cover global financial markets like political punditry & should stop making casual, unsubstantiated claims of causal relationships between ____ & bond yields, when we have ~no idea or evidence that those relationships exist.

Erm... US treasuries yields are now at their highest since 2007. This is thanks to a Bible war no one wanted and capex on gen AI products no one wants. All eminently avoidable www.ft.com/content/6135...

The S&P 500 fell on Tuesday, pressured by a run in sovereign bond yields to multidecade highs amid concerns of persistent inflation and elevated oil prices. The broad market index declined 0.69%, while the Nasdaq Composite was down 1.33%. The Dow Jones Industrial Average shed 116 points, or 0.22%.

This was predicted as soon as Trump started bullying our allies during his dumb (or is it dum) tariff war. As he continues to alienate us from our allies, and pushes us closer to conflict with our foes, investors are dumping their bonds as they come to maturity. www.cnn.com/2026/08/18/i...

The bond market is screaming that the economy is in trouble. www.cnbc.com/2026/08/18/m...

Bond markets ‌are entering an era where the inflation and interest rate outlook is more uncertain and the upside risks are greater, as U.S. President Donald Trump’s policies — from tariffs to war — upend the global order. - www.reuters.com/world/china/...

US bond sell off continues as 30yr bond hits highest yield in 20 yrs. The last time yields were this high was during "global financial crisis. Things just keep getting better for the Trump & Republican Americans Last economy share.google/G9SM4DtqK90t...

Borrowing costs at the highest since 2007. I wonder if anybody will notice...