The global bond market is experiencing a "perfect storm"! The 10-year US Treasury yield broke 5%, reaching a new high since 2007; Japanese and South Korean stock markets fell across the board; and Brent crude oil prices rose nearly 2%.
The yield on the 10-year U.S. Treasury note broke through the 5% mark, reaching its highest level in nearly two decades. Global bond markets are facing a triple whammy of soaring oil prices, expanding government debt, and a surge in artificial intelligence financing . This landmark breakthrough not only caused