US and UK Bond Markets Flash Fiscal Warning as 30-Year Treasury Yields Top 5%
30-year US Treasury yields have broken above 5% while UK gilt yields hit their highest since the 1990s, signaling a global bond market reckoning with sovereign debt sustainability. Services inflation above 3% and Iran-driven energy costs are blocking any near-term Fed easing. The Fed leadership transition adds a credibility premium that is already widening credit spreads worldwide.
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