Bond markets are flashing red across major economies, yet the story remains buried outside finance circles.
U.S. 10-year yields hit 5.34%—highest since 2002. UK 30-year gilts breached 6%, a level unseen since 1998. Japan's 10-year yield climbed near 3%, marking multi-decade highs. France's risk premium surged back toward euro-crisis territory.
The common thread: investors are questioning whether developed governments can manage their debt loads. This isn't a single country problem anymore—it's synchronized doubt across the G7.
Yet mainstream coverage remains sparse. The bond vigilantes are awake, but the conversation hasn't broken through.
U.S. 10-year yields hit 5.34%—highest since 2002. UK 30-year gilts breached 6%, a level unseen since 1998. Japan's 10-year yield climbed near 3%, marking multi-decade highs. France's risk premium surged back toward euro-crisis territory.
The common thread: investors are questioning whether developed governments can manage their debt loads. This isn't a single country problem anymore—it's synchronized doubt across the G7.
Yet mainstream coverage remains sparse. The bond vigilantes are awake, but the conversation hasn't broken through.
