Global bond yields are surging: Japan's 10-year hit 2.90%, the UK's 30-year approached 5.7%, and the US 30-year reached its highest since 2007. In this video, we break down what's driving these moves and who ultimately pays the price—from governments to households. Chapters: 00:00 Britain's thirty-year borrowing cost hit 5 00:12 Start with what actually moved 00:24 Rewind to January 00:36 The Federal Reserve has now held its rate at thr 00:48 Japan is where it broke first 01:00 The trigger was not the central bank 01:12 Quick one for you, and I do read these 01:24 The Bank of Japan is expected to answer in Septe 01:36 Now Britain 01:48 And here is the part nobody expected 02:00 So tell me — if you are on a fixed mortgage, wha 02:12 Then there is energy — which is why half of this 02:24 That is a fifty-dollar swing in five months, on 02:36 The reason is a map 02:48 Which brings us back to the bond market 03:00 So who stopped buying 03:12 Here is where it lands 03:24 Nobody voted for any of this














