Global bond selloff deepens as U.S. 30-year touches 4.98%, UK yields surge to 1998 high

1 week ago 1
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The global bond markets came under pressure on Tuesday, with namely long-dated yields in the U.S. and UK surging amid renewed tariff uncertainties, rate cut outlook and other macroeconomic challenges.

In the U.S., the 30-year Treasury yield (US30Y) climbed

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