🚨 BOND MARKETS FLASHING WARNING SIGNS 🚨
The tension is quietly returning to global debt markets.
🇩🇪 Germany’s 30-year yield has climbed to levels last seen in 2011, a move that signals stress at the long end of Europe’s curve.
🇺🇸 The U.S. 10-year Treasury is pressing toward highs not seen since August 2025, keeping financial conditions tight.
🇯🇵 Japan’s 10-year yield is hovering near territory untouched since 1999, a historic shift for a market built on ultra-low rates.
Why this matters 👇
📈 Rising long-term yields mean: • Governments face higher refinancing costs
• Banks and housing feel growing pressure
• Liquidity across markets continues to tighten
When bond markets across major economies start moving in sync, it’s rarely coincidence.
It’s usually the system signaling strain before risk assets react.
The message is simple:
Bonds speak first. Pay attention.
