Why Trump’s Policies Are Shaking Bond Markets: Global Borrowing Costs Hit Decade Highs

Global bond markets are reeling from the economic policies of U.S. President Donald Trump and inflation fears stoked by the war with Iran. The yield on 30-year U.S. Treasury bonds has surged above 5%, dragging borrowing costs in the UK, France, Germany, and Japan to their highest levels in decades. What’s driving this turmoil, and what does it mean for the global economy?