Global bond sell-off accelerates as oil steadies above $100

Global bond sell-off intensifies amid oil price resilience

The global bond sell-off has widened sharply this week, with 10‑year U.S. Treasury yields jumping ↑ 8 bps to around 4.6%. Oil prices have clung to the $100 mark, providing a rare stabilising force for risk‑averse investors.

Fed rate‑rise expectations near 70%

Market consensus on an October rate hike has surged to ↑ 70%, according to Bloomberg data. Rising yields strain sovereign budgets, especially in emerging markets where debt servicing costs are climbing.

“If yields keep climbing, governments will feel the squeeze,” warned a senior analyst at Reuters.

The bond market’s broadening spreads signal tighter financing conditions ahead, prompting policymakers to weigh fiscal resilience against monetary tightening.

Reported by: Victor Hale

Equities & Market Dynamics Analyst