Global major government bond yields continue to rise

Odaily News: Global major government bond yields continue to rise. The UK 10-year government bond yield climbed 7 basis points to 5.29%, the highest level since August 2007. The German 10-year government bond yield rose 5 basis points to 3.39%. Italy's two-year government bond yield briefly touched its highest level since 2024, currently at 3.22%. The US 10-year government bond yield rose to 4.816%, renewing its highest level since late 2023.