{
  "id": 4972774,
  "title": "Bloomberg: “Bessent’s Bond Gains Wiped Out as Treasury Yields Jump Again”",
  "url": "https://urgent.news/2026/09/01/bloomberg-bessents-bond-gains-wiped-out-as-treasury-yields-jump-again",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T23:52:10.000Z",
  "source": {
    "name": "Econbrowser",
    "slug": "econbrowser",
    "url": "https://econbrowser.com/archives/2026/09/bloomberg-bessents-bond-gains-wiped-out-as-treasury-yields-jump-again"
  },
  "original_language": "en",
  "account": "Bloomberg reported that Michael Bessent's bond gains have been negated as Treasury yields surged once more. The pressure is affecting long-dated bonds globally, driven by concerns over the oil-induced inflation shock and increased government spending. Germany's 30-year yields reached their highest level since 2011, while the UK equivalent rose to a level last seen in 1998. Australian bonds set a new record high in data dating back to 2016, and the Bloomberg index of global sovereign bonds surged to almost two decades' high.\n\nThe inflation shock can be attributed to Trump's war of choice, while the debt issue is partly due to the OBBBA, which has accelerated the pace of debt accumulation along with tariff changes. This movement up along most of the curve is evident in the yield curve comparisons from August 18 to August 19 and September 1.",
  "summary": "Today: The pressure is impacting long-dated bonds around the world, due to the same concerns about the oil-driven inflation shock and government spending. Germany’s 30-year yields touched the highest since 2011, and the equivalent UK rate rose to a level last seen in 1998. Australian peers set a fresh record high in data going back to […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}