G7 Bond Rout Deepens: 10Y Yields Surge, US Near 5%

G7 10-year yields rose ~19bp on average this week, the worst weekly selloff since the start of the war, pushing the US 10-year toward 5%. The move reflects a broad bond liquidation, likely driven by inflation or supply concerns, though the specific trigger is not stated. This marks a significant repricing in global fixed income, with implications for equity valuations and funding costs.