Global bond yields have reached historic highs in recent days. Japan’s 10-year yield hit 3% for the first time since 1996, while US 10-year rates hover around 4.80% and the 30-year crossed 5.2%, levels not seen since 2007. In the UK, the 10-year rate exceeds 5.2%, and in the eurozone, French OAT stands above 4%. This surge is driven by rising oil prices linked to tensions around Iran and the Strait of Hormuz, as well as anticipated rate hikes from major central banks including the Fed, ECB and Bank of Japan. For savers, this situation presents a double-edged sword: rate-sensitive assets such as tech stocks, cryptocurrencies and real estate face pressure, while money market funds and short-term bonds are regaining appeal.
Source: Read the original article
