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The global bond market continues to collapse, with the 30-year U.S. Treasury yield hitting the 5% threshold again.
Jin10 data September 3 news, the global bond market continues to collapse today, with long-term bond yields soaring again. The yield on the US 30-year Treasury bond once touched the 5% mark, which is a very important threshold that needs to be monitored. This is not the first time this year, but in previous attempts, the yields failed to stabilize above the 5% mark. However, this time, the structure of the pressure valve may be different. Outside the US, we also see long-term government bond yields continuing to rise. The yield on the UK 30-year government bond has risen by another 4 basis points to 5.73%, while the yield on the French 30-year government bond is currently up about 2 basis points to 4.52%. Even earlier today, we saw the yield on the Japanese 30-year government bond reach an unprecedented 3.28%. But among all the things happening right now, the US bond yield threshold may be one of the most important thresholds, especially as people closely follow the US labor market data and the Fed outlook this week.