Global bond yields surge: US 10-year hits 5.27%, Belgian rate tops 4.3%

Long-term interest rates are rising worldwide, with the US 10-year yield reaching 5.27%, a near 20-year high, and the Belgian 10-year exceeding 4.3%. The move is attributed to higher oil prices amid stalled US negotiations, reflecting global inflationary pressures. This signals a sustained repricing of sovereign risk and could pressure equity valuations and rate-sensitive sectors.