The Great Long-Bond Selloff Forces a Brutal Fiscal Reckoning
Key Takeaways France’s 30-year OAT yield neared 4.85%, its highest range since the 2008 crisis. U.S. 30-year Treasury yields reached 5.22%, lifting pressure on mortgages and federal interest costs. Investors will watch 2026 bond auctions, inflation data and central-bank balance-sheet plans. The synchronized selloff has shoved major long-term yields to levels unseen for years, and…
