JewishStatusOpen the app

FrontRow · Sep 2, 2026

FrontRow — photo status

Government bonds sold off globally on Wednesday, extending a rout that has driven borrowing costs to multi-decade highs. The yield on German 10-year bunds, the benchmark for the euro area, was 4 basis points higher at 3.375% on Wednesday morning — its highest level since 2011. Japan's 10-year yield stood at 3.016%, after crossing 3% for the first time in three decades on Tuesday. The 10-year Treasury yield remained above 4.8%, a level last topped in early 2025, as British 10-year gilts extended their post-2008 high to 5.25%. Investors have been rattled by the resurgence of inflationary pressures, particularly as a fresh wave of conflict in the Middle East drives oil prices higher. That has added to longstanding concerns about the fiscal positions and high debt loads of major economies from the U.S. to Japan and France.

Government bonds sold off globally on Wednesday, extending a rout that has driven borrowing costs to multi-decade highs. The yield on German 10-year bunds, the benchmark for the euro area, was 4 basis points higher at 3.375% on Wednesday morning — its highest level since 2011. Japan's 10-year yield stood at 3.016%, after crossing 3% for the first time in three decades on Tuesday. The 10-year Treasury yield remained above 4.8%, a level last topped in early 2025, as British 10-year gilts extended their post-2008 high to 5.25%. Investors have been rattled by the resurgence of inflationary pressures, particularly as a fresh wave of conflict in the Middle East drives oil prices higher. That has added to longstanding concerns about the fiscal positions and high debt loads of major economies from the U.S. to Japan and France.

Watch in the app All of FrontRow's statuses

More from FrontRow