Inflation concerns reignite causing global bond market sell-off, pushing 30-year US Treasury bond yields to nearly 19-year highs.

Zhitong Finance and Economics APP learned that against the backdrop of growing concerns in the market about the resurgence of inflation, U.S. Treasury bonds experienced a new round of selloff on Tuesday, causing long-term U.S. bond yields to rise further, with the 30-year U.S. bond yield reaching its highest level in nearly 19 years.