EconomyWhy High Bond Yields Look Like the New Normal

Government borrowing costs are rising worldwide as investors seek greater compensation for holding longer-term debt. In the US, higher yields led Treasury Secretary Scott Bessent to announce expanded buybacks of long-dated government bonds, but the move failed to keep 10-year Treasury yields below 5%, their highest level in nearly two decades.

bond yieldsUS Treasuriesgovernment borrowing

BBloomberg News★★★☆☆2026-09-17 19:00Original