World & BusinessGlobal bond yields reportedly surge after stronger-than-expected US data
France's 10-year yield rose more than its US counterpart despite the surprise coming from US economic data, according to a September 23 market commentary.
TLDR
A September 23, 2026, market commentary attributes a sharp rise in global bond yields to stronger-than-expected US purchasing managers' index data—a release it calls “second-tier.” It says France's 10-year yield rose more than the US equivalent. Separately, another market observer said long-term US Treasury rates initially fell after the previous week's Fed rate hike but had since reached their high for the year, very nearly their high for the past two decades.
Global bond yields reportedly surge after stronger-than-expected US data
France's 10-year yield rose more than its US counterpart despite the surprise coming from US economic data, according to a September 23 market commentary.
