Bond Selloff Signals Troubling Global Growth Prospects

Bond markets are signaling growing risk to global growth as yields rise, with the 30-year U.S. Treasury yield reaching multi-decade highs and pushing up borrowing costs for governments, lenders, and borrowers. Analysts say energy shocks, elevated debt, and potential rate hikes could slow economic activity and raise the odds of a recession, even as stock markets wobble in response to policy and geopolitics.