Bond Selloff Creates Rare Wealth Opportunity Amid Global Fiscal Stress
A historic bond selloff has driven U.S. 10-year Treasury yields to 5.365% and 30-year yields to 5.732%, their highest levels in over two decades. Advisors to the ultra-wealthy view this as a 'generational opportunity' to lock in stock-market-like returns with lower risk, particularly through tax-exempt municipal bonds. While global fiscal deficits and AI-driven capital demand are driving yields higher, experts warn that political instability in Europe, especially France, poses contagion risks. U.S. mortgage rates have risen to 7.4%, reducing homebuyer affordability, but high-income investors are advised to enter the market now to secure income before potential further volatility.