• Sovereign bond yields have risen to levels last seen nearly 20 years ago amid heightened bond market uncertainty.
• Persistently higher interest rates are intensifying concerns over the sustainability of government deficits and debt.
• Kevin Warsh, who became Federal Reserve chair in May 2026, seeks less predictable US monetary policy, adding uncertainty and volatility.
• Federal Reserve and European Central Bank decisions remain sensitive to inflation pressures fueled by rising energy prices and persistent geopolitical tensions.

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. Groupama Asset Management SA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.