Outside of the US, we're also seeing long-end yields continuing to rise. 30-year yields in the UK are up another 4 bps to 5.73% while 30-year yields in France are up about 2 bps to 4.52% currently. Even earlier today, we saw 30-year yields in Japan hit an unprecedented 3.28%.
Here's a primer as to what this development is signaling for markets: The US yield curve continues to steepen post-Jackson Hole
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