30-Year Treasury Yields Near Two-Decade Highs as G7 Moves to Contain Global Bond Selloff
The 30-year US Treasury yield is approaching two-decade highs while UK gilt yields have surged past 5.10%, triggering a synchronized global bond selloff across credit, equity, and currency markets. G7 finance ministers have convened to coordinate a policy response as cascading pressure threatens financial stability. Banks face compounding stress from sovereign debt exposure, threatened UK banking surcharges, and oil-driven inflation with no clear resolution in sight.
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