📊 The Great Global Repricing: Bond Yields Hit Multi-Decade Highs: Global bond yields are surging to levels unseen since the 2008 Global Financial Crisis. Driven by sticky inflation, massive government debt issuance and a massive surge in corporate borrowing, fixed-income markets are undergoing a fundamental regime shift. What does this mean for the global economy? * Governments face rapidly escalating debt-servicing costs. * Corporates face a far stricter environment for capital expenditure. * Consumers face persistent pressure via higher mortgage and borrowing rates. The era of ultra-cheap money is officially over. Investors are demanding real compensation for duration risk once again. Are high-yielding bonds back in your portfolio, or are you staying on the sidelines? 👀