Global Bond Yields Rise as Growth and Funding Pressures Persist

Amundi Investment Institute, led by Monica Defend, examines the renewed rise in global government bond yields and the forces keeping rates elevated.

• Global government bond yields are approaching 4%, the highest level since 2007, as strong US activity data, higher oil prices and heavy borrowing pressure markets.
• The move is broad-based, with US, German and Japanese yields all reaching multi-year highs.
• Amundi sees a higher-for-longer yield regime, with elevated volatility but increasingly attractive income opportunities for diversified fixed-income investors.

Explore the full report for a broader view of the macro and market forces driving global yields.