Global bond markets have become the center of investor attention after a sharp surge in government borrowing costs across major economies.
U.S. 30-year Treasury yields recently climbed above 5%, their highest levels in nearly two decades, while bond markets in Europe and Japan have also experienced significant volatility. Investors are increasingly worried about inflation, rising government debt and uncertainty surrounding future central bank policy.
Many analysts now believe the bond market—not stocks—is currently providing the clearest signal about global financial risks.
