10-Year Treasury Yield Hits Highest Since 2023 as Global Bond Rout Deepens

A worldwide bond sell-off pushes U.S., UK, German and Japanese yields to multi-year highs on inflation fears and oil prices, while Fed's John Williams and a weak ADP jobs report muddy the picture ahead of the Fed's September meeting. Plus, the Bank of Canada holds rates steady despite an escalating tariff fight with the U.S. In this episode: • U.S. 10-year Treasury yield hits highest level since November 2023 — https://www.cnbc.com/2026/09/02/bond-yields-treasurys-inflation.html • Global bond rout deepens as inflation fears and rate hike bets mount — https://www.cnbc.com/2026/09/02/global-bond-yields-inflation-rates.html • Fed's Williams says yield surge due to strong economy, but leaves door open to a rate hike — https://www.cnbc.com/2026/09/02/new-york-feds-williams-says-yield-surge-due-to-strong-economic-prospects.html • ADP reports weaker-than-expected private job growth in August — https://www.cnbc.com/2026/09/02/private-payrolls-rose-by-38000-in-august-fewer-than-expected-adp-reports.html • Bank of Canada holds interest rate steady amid trade war clouds — https://www.reuters.com/world/americas/bank-canada-holds-interest-rate-225-trade-war-clouds-outlook-2026-09-02/