Global bonds gripped by fiscal worries, US 10-year yield hits 24-year high — Live Feedhttps://www.live-feeds.com/feed/global-bonds-gripped-by-fiscal-worries-us-10-year-yield-hits-24-year-highContinuously updated, source-cited coverage. Global Bonds Hit by Heavy Selling as US Yields Reach 24-Year Highhttps://www.live-feeds.com/feed/global-bonds-gripped-by-fiscal-worries-us-10-year-yield-hits-24-year-highhttps://www.live-feeds.com/feed/global-bonds-gripped-by-fiscal-worries-us-10-year-yield-hits-24-year-high#u96195Sat, 03 Oct 2026 08:55:52 +0000Global government bonds faced intense selling pressure on Thursday, pushing borrowing costs across the United States, France, and Japan to multi-decade highs. The 10-year US Treasury yield surged to its highest level since 2002, driving severe volatility in broader equity markets. Fears regarding the sustainability of the US fiscal deficit also triggered a sharp spike in UK long-term borrowing costs. While US Treasury yields eventually slipped to offer some reprieve, Asian stocks braced for a difficult start following the market reversal.Why it mattersThe severe sell-off follows the worst quar