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Weekly Market Directions

Long-term yields at high levels

Long-term bond yields remain near multi-year highs across major countries, alongside increased volatility.

Line chart tracking 10-year government bond yields in the US, Germany, the UK and Japan from 2006 to 2026. Yields fall through the 2010s, turn negative in Germany and Japan around 2020, then rise sharply in 2022-2026 to multi-year highs, led by the UK and US.

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