Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concern over accelerating inflation fuels a selloff across global debt markets. The 30-year yield rose as much as seven basis points to 5.19% on Tuesday, reaching a level last seen on the eve of the 2007 global financial crisis. Bond markets across Europe and Asia also fell, while the selloff spilled over into US equity markets. Yields on government bonds have surged globally in recent weeks as a jump in energy prices caused by the Iran war adds to inflation fears, pushing investors to bet central banks, ... (full story)