Published by Alexander Bueso on 31st August 2025
(Sharecast News) - Thirty-year bond yields have notched multiple new record highs thus far in 2025 - for all the wrong reasons. That on the 30-year bond had stayed at around 5.6%, near a three-decade high. That is also the highest yield among G7 countries. Should a country's rate of economic growth not be set to exceed the average rate on its debt, then it is in trouble, as that is taken as a sign of future default. France's prime minister seems to be facing the impossible task of cutting spending and raising taxes to lower its deficit. In Britain, there is talk of a fiscal hole of as much as £40bn. The US deficit meanwhile could jump by over $2trn over the next 10 years as a result of President Trump's tax cuts. - The Sunday Times