The entire world is repricing long-term debt at the same time.
Bloomberg's Global Treasury 20+ Year yield just hit ~4.3%, the highest since 2015 and roughly double its 2020 low.
Real yields are driving this and breakevens are anchored. The market wants more to fund the… pic.twitter.com/tohkFuNjRt
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 18, 2026
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