Battered Bond Market Braces for a New Era of Interest Rates
Reuters, Sept. 29, 2026–Dhara Ranasinghe, Sophie Kiderlin, Naomi Rovnick
The world’s biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for an era where interest rates stay higher for longer.
Two-year US Treasury yields have surged almost 60 basis points in September and are poised for the biggest monthly jump since early 2023.
