Story perspectives

Singapore 10-year yield hits 4.739% multi-decade high

8/18/2026

Summary

Story summary

Singapore Treasury yields rose to their highest since 2007, driven by AI hyperscalers’ borrowing, a deficit and Federal Reserve Chair Kevin Warsh’s opacity, with the 10-year at 4.739% and the 30-year at 5.327%.
Japan’s 10-year bond, Germany’s Bund and France’s OAT also hit multi-decade highs.
Iran announced a fully offensive posture after Washington ruled out extending the June cease-fire.
Thierry Wizman warned Hormuz disputes could keep crude flowing.

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Story summary

Singapore Treasury yields rose to their highest since 2007, driven by AI hyperscalers’ borrowing, a deficit and Federal Reserve Chair Kevin Warsh’s opacity, with the 10-year at 4.739% and the 30-year at 5.327%.
Japan’s 10-year bond, Germany’s Bund and France’s OAT also hit multi-decade highs.
Iran announced a fully offensive posture after Washington ruled out extending the June cease-fire.
Thierry Wizman warned Hormuz disputes could keep crude flowing.