Bond Yields Are Rising Everywhere: Why This Isn't a US Debt Crisis
Treasury 30-year yields hit 5.33%. German, Japanese, French and British bonds are also at multi-decade highs. That is a repricing, not a US debt crisis.
Bond prices are dropping everywhere, which makes borrowing more expensive for companies and people. When lots of countries face the same thing at once, it's usually about worldwide money decisions, not one country in trouble—so watch if your stocks react, but don't panic.
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