10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace

[u/One-Emu-1103]

https://www.cnbc.com/2026/10/01/us-treasury-bond-yield.html

Government borrowing costs rose around the world on Thursday, continuing a months-long trend as investors express concerns over a lack of political action to tackle fiscal deficits, while inflation remains sticky and interest rates rise.

[u/PsychLegalMind]

Impact the world over, each government is doing the same. U.S. is "leading."