The Zhitong Finance App learned that a bond sell-off storm that has swept through developed economies around the world is spreading at an accelerated pace. On September 1, from the US and Japan to the UK, Germany, and Australia, multinational treasury bonds were sold off simultaneously, and long-term yields climbed to the highest level in many years or even decades. The Bloomberg Global Government Bond Index yield has been rising for four consecutive trading days to 3.72%, the highest since mid-2008. However, although the immediate sell-off seems quite drastic, it is still not the same as the bond “massacre” caused by soaring inflation four years ago.

The Zhitong Finance App learned that a bond sell-off storm that has swept through developed economies around the world is spreading at an accelerated pace. On September 1, from the US and Japan to the UK, Germany, and Australia, multinational treasury bonds were sold off simultaneously, and long-term yields climbed to the highest level in many years or even decades. The Bloomberg Global Government Bond Index yield has been rising for four consecutive trading days to 3.72%, the highest since mid-2008. However, although the immediate sell-off seems quite drastic, it is still not the same as the bond “massacre” caused by soaring inflation four years ago.