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Global bond yields are hitting multiyear highs - including Japan, Germany, the UK, and the U.S. - as debt levels balloon and oil prices spike. Do you see a financial crisis coming?
Global bond yields are surging to multiyear highs across major economies, with Japan's 10-year yield near 30-year highs above 3%, Germany's 10-year yield at its highest since 2011, UK gilt yields at a post-2008 peak, and the U.S. 30-year Treasury yield near a two-decade high around 5.3%, as heavy government debt issuance and an oil-price shock from the U.S.-Iran conflict fuel fears that expensive borrowing is here to stay. Do you see a financial crisis coming? Vote and explain your reasoning in the comments.
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