Wall Street Journal (September 2)
2026/ 09/ 04 by jd in Global News
“The 10-year Treasury note ticked up to 4.8% on Tuesday amid a global bond selloff that sent yields on Japan’s 10-year to a three-decade high. The U.S. 30-year bond hit 5.28%, while the U.K.’s 30-year gilt rose to a 28-year high of 5.9%.” These “early murmurs” of the “bond vigilantes” are a welcome development. “They are sending a message to Washington and other Western nations to clean up their fiscal acts. Bond investors may be the only people who can force the politicians to pay attention. The real worry is if the politicians don’t listen.”
Tags: 10-year, 30-year, 4.8%, 5.28%, 5.9%, Bond selloff, Clean-up, Fiscal acts, Gilt, Global, Investors, Japan, Murmurs, Politicians, Treasury note, U.K., Vigilantes, Washington, Welcome, Yields
