Recently, US bond yields have continued to rise, continuously disrupting European financial markets. On October 8, US 10-year Treasury yields rose to about 5.37% intraday, a 24-year high. Affected by this, the yield on European multinational treasury bonds has also been rising recently: the yield on British 10-year treasury bonds rose to 5.527%, the highest level since 2007; the yield on French 10-year treasury bonds rose to 4.961%, even hitting a high level in nearly 24 years. Analysts believe that the continued high yield on US bonds is causing European governments to increase financing costs and increase financial burdens; fluctuations in cross-market asset prices may amplify financial risks, while a stronger US dollar may push up energy and raw material import costs and increase inflationary pressure. If these factors are combined, the ECB will face a greater policy trade-off between curbing inflation and supporting economic growth, and Europe's economic recovery may also be under additional pressure.

Zhitongcaijing · 2d ago
Recently, US bond yields have continued to rise, continuously disrupting European financial markets. On October 8, US 10-year Treasury yields rose to about 5.37% intraday, a 24-year high. Affected by this, the yield on European multinational treasury bonds has also been rising recently: the yield on British 10-year treasury bonds rose to 5.527%, the highest level since 2007; the yield on French 10-year treasury bonds rose to 4.961%, even hitting a high level in nearly 24 years. Analysts believe that the continued high yield on US bonds is causing European governments to increase financing costs and increase financial burdens; fluctuations in cross-market asset prices may amplify financial risks, while a stronger US dollar may push up energy and raw material import costs and increase inflationary pressure. If these factors are combined, the ECB will face a greater policy trade-off between curbing inflation and supporting economic growth, and Europe's economic recovery may also be under additional pressure.