The global bond market continued to collapse today, and long-term bond yields soared again. The yield on US 30-year Treasury bonds once hit the 5% mark. This is a very important threshold and requires vigilance. This isn't the first time this year, but in previous attempts, yields failed to stabilize above the 5% mark. But this time, the structure of the pressure valve may be different. Outside the US, we are also seeing long-term Treasury yields continue to rise. The yield on British 30-year treasury bonds has risen by another 4 basis points to 5.73%, while the yield on French 30-year treasury bonds has now risen by about 2 basis points to 4.52%. Even earlier today, we saw an unprecedented yield of 3.28% on Japan's 30-year treasury bonds. But of all that is happening now, the US bond yield threshold is probably one of the most important thresholds. Especially as people pay close attention to this week's US labor market data and the Federal Reserve's outlook.

The global bond market continued to collapse today, and long-term bond yields soared again. The yield on US 30-year Treasury bonds once hit the 5% mark. This is a very important threshold and requires vigilance. This isn't the first time this year, but in previous attempts, yields failed to stabilize above the 5% mark. But this time, the structure of the pressure valve may be different. Outside the US, we are also seeing long-term Treasury yields continue to rise. The yield on British 30-year treasury bonds has risen by another 4 basis points to 5.73%, while the yield on French 30-year treasury bonds has now risen by about 2 basis points to 4.52%. Even earlier today, we saw an unprecedented yield of 3.28% on Japan's 30-year treasury bonds. But of all that is happening now, the US bond yield threshold is probably one of the most important thresholds. Especially as people pay close attention to this week's US labor market data and the Federal Reserve's outlook.