Long-term bond yields are escaping the impact of US Treasury Secretary Bessent's efforts to curb this part of the Treasury yield curve. Although concerns about inflation and fiscal deficits have attracted attention as drivers of higher yields, the global economic outlook is strong, which supports higher borrowing costs and enhances the possibility that companies can handle this situation calmly.

Long-term bond yields are escaping the impact of US Treasury Secretary Bessent's efforts to curb this part of the Treasury yield curve. Although concerns about inflation and fiscal deficits have attracted attention as drivers of higher yields, the global economic outlook is strong, which supports higher borrowing costs and enhances the possibility that companies can handle this situation calmly.