Recent developments in the global bond markets highlight escalating tensions as yields surge to multi-decade highs across major economies, including the US, UK, and Japan. Investors are increasingly concerned about the implications of high government debt and fiscal discipline, which have led to a widespread selloff in bonds. The US 30-year Treasury yield has approached 5%, prompting fears of a breakdown in the bond market. Meanwhile, gold prices have surged to record highs as investors seek safe havens amidst the uncertainty. Despite a temporary stabilization in some markets, analysts warn that the worst may not be over, with forecasts predicting ongoing volatility and potential disruptions across asset classes.