Trading Day: Bonds play the blues

Live updates

1. 24d ago

   Bonds Under Pressure as Borrowing Costs Surge

   The global bond market is experiencing significant turmoil, with long-term borrowing costs rising to levels not seen since the 2008 crisis. This has led to increased borrowing costs for major economies, potentially impacting economic growth and stability. The US government's attempts to intervene have offered only temporary relief.

   Why it matters

   The current bond market volatility has substantial implications for the global economy, as higher borrowing costs can slow down economic growth and affect stability. This development comes after a summer of underperformance in the bond market, with borrowing costs increasing to multi-decade highs.

   What is confirmed

   • The global bond rout has led to increased borrowing costs for leading economies, reaching levels not seen since the 2008 crisis.
   • The US Treasury's doubled buyback program is funded by selling short-term bills.

   What to watch next

   • Upcoming economic growth data
   • US Treasury's future bond buyback plans
   • Global economic stability
   Sources used for this update (4)

   1. www.cnn.com — The bond market is sending a distress signal. Here’s why it matters
   2. www.santafenewmexican.com — Pasa Week Aug 21, 2026
   3. ca.sports.yahoo.com — Former Vancouver Canucks Around The World: AHL Western Conference
   4. www.forbes.com — Treasury Is Buying Its Own Bonds. Where Is The Money Coming From?
   confidence 80%
2. 28d ago

   Global Bond Rout Drives Up Borrowing Costs

   Bonds have been underperforming this summer, with long-term borrowing costs rising to their highest levels in decades. The global bond rout has led to increased borrowing costs for leading economies, reaching levels not seen since the 2008 crisis. This development has significant implications for the global economy, as higher borrowing costs can impact economic growth and stability.

   Why it matters

   The current bond market performance is a concern for investors and economists, as it can affect the overall economic outlook. Rising borrowing costs can lead to decreased spending and investment, potentially slowing down economic growth. The global bond market has been impacted by various factors, including central bank policies and global economic trends.

   What is confirmed

   • Long-term borrowing costs have risen to their highest levels in decades.
   • Leading economies' borrowing costs have reached their highest levels since the 2008 crisis.
   • The global bond market has been impacted by rising interest rates and global economic trends.

   Still unconfirmed

   • The bond market may face further challenges in the fall, according to some analysts.

   What to watch next

   • Central bank decisions on interest rates
   • Global economic growth data releases
   • Bond market performance in major economies
   Sources used for this update (6)

   1. Barron's — Bonds Got Scorched This Summer. 3 Things That Could Make Fall More Miserable.
   2. Bloomberg.com — Bonds Face a Bigger Threat Than the Fed as Global Rates Climb
   3. Robin J Brooks | Substack — Where is the Global Debt Crisis Most Acute?
   4. Reuters — Trading Day: Bonds play the blues
   5. Bloomberg.com — Global Bond Rout Sends Long-Term Borrowing Costs to Highest in Decades
   6. The Guardian — Leading economies’ borrowing costs hit highest since 2008 crisis
   confidence 85%