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Bond markets from US to Japan whacked as inflation and fiscal worries take hold Reuters30-year Treasury yield tops 5.33%, new 19-year high on inflation, spending concerns CNBCStocks Fall as Bond Selloff Saps Risk Appetite: Markets Wrap Bloomberg.comGlobal bond sell-off deepens amid fears over inflation and AI issuance Financial Times
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Also in today's newsletter: US military pullback raises questions in Asia, and a ray of hope for the drinks industry
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Long-term government borrowing costs hit multi-decade highs amid fears over inflation and AI issuance
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