Global Bond Yields Fret Inflation & Deficits

RIA · Sep 3, 2026

For those worried about the impact of deficits and inflation on US bond yields, it's worth taking a trip around the world to get a better picture. Global bond yields for many of the world's ten largest economies are behaving similarly. Across the Globe, the US, Germany, Japan, France, Italy, and Brazil- seven of the ten largest economies- saw both benchmark government bond yields and inflation rates rise simultaneously.   The 10-year Treasury yield has climbed roughly 52 basis points over the past year to 4.42%, while inflation has run near 3.5%, up from 2.9%. UK gilts moved even…