A significant **selloff in major government bond markets** has shocked global investors amid rising uncertainty regarding **U.S. policies** under President-elect Donald Trump.
The **10-year Treasury yield** has surged past **4.7%**, marking its highest level since April, indicating strong selling pressure and uncertainty.
The **rise of the dollar** has triggered depreciation in other currencies like the **euro** and **sterling**, intensifying market volatility.
Concerns over **inflation** and proposed fiscal policies threaten to escalate **interest rates**, straining government finances and restricting the Federal Reserve's ability to lower rates.
Investor demand for U.S. Treasury auctions has been weak, indicating a potential lack of confidence in **fiscal stability** as **long-term yields** rise, reflecting higher borrowing costs across the market.
For more details, visit the original article at Reuters.