Analysts Warn Global Benchmark Bond Yields Approaching 'Concern Zone' Amid Sovereign Debt Sell-Off

US Treasury Secretary Scott Bessent addressed G20 finance ministers and central bankers, while analysts cautioned that rising benchmark bond yields, including the US 10-year Treasury yield hitting a 20-month high of 4.78 percent, are nearing a "concern zone" for the global economy. This global sell-off in sovereign debt is leading to higher borrowing costs for governments, companies, and households, potentially reducing investor appetite for stocks.