Global bond markets have experienced significant turmoil as investors react to a major spending pledge from Germany, alongside ongoing economic pressures and changes. The sell-off has spread globally, leading to a historic rise in German bond yields, particularly affecting the Bund. This situation has prompted movements in other major markets, including a surge in stock indices despite the adverse conditions in the bond market. As many investors adjust their portfolios amid fears of rising interest rates and economic re-evaluations, the bond market continues to face intense scrutiny and volatility.