Global bond yields hit 18-year high, oil surge fuels rate hike bets
Global bond yields climbed to their highest levels in nearly two decades as rising oil prices intensified inflation concerns and strengthened expectations for further interest-rate hikes.
September 2, 2026 (MLN): Global bond yields climbed to their highest levels in nearly two decades as rising oil prices intensified inflation concerns and strengthened expectations for further interest-rate hikes. The selloff in sovereign debt began late last week after U.S. Federal Reserve Chairman Kevin Warsh reiterated his commitment to bringing inflation under control and gained momentum this week as renewed Midd...