Global Bond Yields Hit Multi-Decade Highs on Inflation, Debt Fears
Borrowing costs in the US, Germany and Japan are near multi-decade peaks as investors weigh sticky inflation, rising rates, and mounting sovereign debt loads.
Global Economy
Global Bond Selloff Deepens: Japan Yields Hit 3%, US 10-Year Nears 4.80%
Government borrowing costs surge from Tokyo to Washington, with US debt topping $40 trillion and mortgage rates climbing to a one-year high near 6.7%.
South Korea Exports Jump 68.7% in August on Semiconductor Boom
South Korea’s August exports surged 68.7% year-on-year to $98.2 billion, driven by chip demand, the Ministry of Trade reported.
Bank of Korea Lifts 2026 Growth Forecast to 3.3% on AI Chip Boom
The Bank of Korea raised its 2026 GDP growth forecast to 3.3% from 2.6%, citing surging AI and semiconductor demand, even as some AI-linked stocks show mixed signals.
US Treasury Doubles Buyback Size as Debt Crisis Fears Simmer
Treasury Secretary Bessent’s Yen intervention and doubled bond buybacks spark debt crisis talk, with Japan, China, India and Brazil already trimming Treasury holdings.
US CPI Cools, UK GDP Grows, and 30-Year Yields Hit 25-Year High
Bloomberg’s weekly global economy charts show US core inflation at 2.5%, UK GDP up 0.3%, and a 30-year Treasury auction pricing at 5.216%, the richest yield since 2001.
Mortgage Rates Hit 3-Week Lows as CPI Comes In As Expected
30-year mortgage rates fell to 6.74% and bonds held steady after in-line CPI data, while the mortgage industry leans into non-Agency lending and AI-native loan processing.
Stock-Bond Correlation Flip Signals Markets Now Fear Supply Shocks, Not Demand
San Francisco Fed research finds the stock-bond correlation has flipped negative, indicating investors increasingly see oil prices and supply-side risks as the dominant threat to growth.
US Economy Holds Steady at 2.1% Growth as Inflation Expectations Diverge
Alhambra Investments’ Monthly Macro Monitor shows US GDP growth tracking its two-decade average even as Treasury yields and inflation expectations send conflicting signals.
The Economist Seeks New Finance Writer for 2026
Key Takeaways The Economist has posted an opening for a new finance writer on its finance and economics desk. The