Anchor Capital sees global bond yield surge as normalization, not fiscal crisis

• Anchor Capital flagged a renewed global bond selloff in August 2026, lifting yields to the highest levels in two decades.
• The firm played down an imminent US fiscal crisis, citing broadly stable debt-to-GDP since 2021 despite a wider deficit.
• US interest expense rose toward 20% of revenue, converging with South Africa, yet the outlook was framed as manageable near term.
• Rising yields across Germany and other markets were cited as evidence of a broader repricing, not a US-only deficit shock.
• Anchor positioned the move as yield “normalisation,” pegging fair US 30-year yields at 5.5%-6.5, favoring cautious bond buying.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anchor Capital (Pty) Ltd published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.