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Global bond selloff intensifies as inflation fears mount

Borrowing costs remain elevated near multi-decade highs amid concerns about persistent inflation, higher rates, and heavy government debt.

Reported · Written up by our desk · Inflation

Bond markets saw selling pressure increase as inflation concerns resurfaced, extending a broader global move that has pushed borrowing costs to very high levels, CNBC World reports.

The outlet said investors are focused on the combination of inflation nerves, expectations for higher interest rates, and the drag from high public debt, all of which are keeping pressure on bond yields.

As the rout gathers pace, the market backdrop points to continued uncertainty around the inflation path and how long rates may stay elevated.

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