Global Bond Sell-Off Continues Amid Investor Reassessment and Fiscal Pressures

A global bond sell-off is continuing, leading to rising government bond yields to multi-year highs, particularly in Japan. This ongoing pressure on global bond markets is prompting investors to reassess riskier assets and highlights changing investor confidence and fiscal pressures. Investors are reportedly moving into more defensive assets, with global money-market funds attracting significant inflows.