U.S., French, and Japanese 10-year bond yields hit multi-decade highs, signaling tightening financial conditions globally.
Macro & Markets ·
Yields on 10-year government bonds in the United States, France, and Japan have reached their highest levels in decades, with U.S. Treasuries closing above 5% for the first time since 2008, French yields climbing to 4.5%, and Japanese yields rising to 3.04% at a 30-year peak. The synchronized moves across major economies signal tightening financial conditions globally.