Global Bond Market Turbulence

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A series of articles documenting escalating selloffs in global bond markets driven by geopolitical tensions, inflation concerns, and increased debt issuance by Big Tech companies.

Casey's General Stores undercuts Domino's with $13.99 pizza

Casey's General Stores, the convenience-store operator that sells pizza alongside fuel, has risen to the fifth-largest U.S. pizza chain, pricing large pies at $13.99 — roughly 22% below comparable offerings — versus roughly $20 at…

2026-09-01 · 4 MIN READ

Global bond selloff drives up borrowing costs, little relief in sight

The Wall Street Journal reports a global bond selloff is raising borrowing costs for governments, businesses and families, with little relief in sight. The newspaper ties the selloff to the continuing U.S.-Iran war, inflation, and an…

2026-08-19 · 3 MIN READ

U.S. stocks drop across major indices as Treasury yields and oil prices climb

U.S. stocks fell across all three major indices on Tuesday as investors weighed rising Treasury yields and climbing oil prices tied to the war between the United States and Iran, United Press International reported.

2026-08-18 · 3 MIN READ

Big Tech borrowing and Iran tensions drive global bond rout

BBC News Economics Editor Faisal Islam attributes the global bond rout to overlapping pressures including the closure of the Strait of Hormuz, renewed US-Iran hostilities and a surge in debt issuance by Big Tech companies funding AI infrastructure.
US "hyperscalers" including Google, Amazon and Meta have issued more than $219bn (£162bn) of debt so far in 2026, nearly a third of it in currencies other than the dollar, according to Islam's analysis.
Japan's government bond yields have reached 30-year highs as its central bank has lifted interest rates from zero to combat rising inflation, with Japan remaining the largest single lender to the US government.
The UK faces long-term borrowing costs at their highest since 1998, with economists citing political instability and doubts about the credibility of government borrowing plans.

2026-09-02 · 3 MIN READ

US 10-year Treasury yields climbed to 4.79% on Tuesday, the highest level since January 2025, as oil prices rose above $92 a barrel on renewed Middle East strikes.
Federal Reserve Governor Michael Barr said inflation had been "too high for five years" and warned that if it does not cool, policymakers "should act decisively to raise rates."
US 30-year mortgage rates rose to a one-year high of 6.66% as Treasury yields climbed, while the US national debt passed the $40 trillion mark.
The Federal Reserve has held its policy rate at 3.5% to 3.75% for months, even as consumer prices rose 3.4% over the year to July, above the central bank's 2% target.
Treasury Secretary Scott Bessent said the US government would buy back more debt in a bid to lower rates after borrowing costs on 30-year US debt hit levels not seen since 2007, though the market's reaction to the announcement proved short-lived.

2026-09-01 · 4 MIN READ

Casey's General Stores undercuts Domino's with $13.99 pizza

Global bond selloff drives up borrowing costs, little relief in sight

U.S. stocks drop across major indices as Treasury yields and oil prices climb

Big Tech borrowing and Iran tensions drive global bond rout

Bond selloff lifts 30-year Treasury yield past 5.3% for first time since 2007

Bond yields rise to multi-year or multi-decade highs across major economies

US 10-year Treasury yield hits 4.79% amid renewed Middle East strikes