Global bond markets suffered another fierce selloff. U.S. Treasury yields surged relentlessly, breaking above the previous high, while long-dated gilt and French government bonds were hit at the same time. The interest-rate shock is spreading from the United States to the rest of the world. Against the backdrop of high inflation, fiscal pressure, and expectations of strong growth, the market is re-pricing long-term interest rates. #美债 #全球债市 #Yield spikes