FP Markets Highlights Concerns Over Rising Global Bond Yields

On September 2, 2026, FP Markets raised alarms over surging global government bond yields, reaching levels not seen in decades. These yield shifts, particularly in the US, UK, and Japan, signal changing dynamics in global finance. The US 10-year Treasury yield exceeds 4.8%, a peak since 2023, while the UK and Japan saw their highest levels since 2008 and 1996, respectively.

Factors like persistent inflation, driven by a 30% rise in Brent crude prices since July, along with expanding government budget deficits and competition from tech companies, contribute to this trend. According to FP Markets' Aaron Hill, these changes might signify a risk repricing, as investors demand more returns due to doubts about inflation control and fiscal deficit sustainability. This interconnectedness affects various assets, from currencies to commodities.