Why Government Bond Yields Are Rising and Causing Alarm
Government borrowing costs have been surging around the world as investors demand more compensation to entice them to hold longer-maturity debt. Yields on 30-year Japanese government bonds are near all-time highs at 4.19%, while 30-year UK government bond yields are at their highest since 1998. A Bloomberg gauge tracking government debt across the Group of Seven countries now yields its highest…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.