Global bond yields are surging to multi-decade highs as inflation fears mount

What happened

The 10-year U.S. Treasury yield rose to 4.81% on Wednesday as Middle East conflict drives oil prices higher and rate hike bets grow

Summary assembled by rule from the sources below

Timeline

1. 11:43
   First appeared on Yahoo FinanceYYahoo Finance
2. 11:50
   Quartz started reportingQQuartz

Sources