The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.Categories: 10-year bond yieldsbanksBarclaysBond marketsBond salesBusinessCentral banksDeficit targetDeutsche BankDollarEmerging marketsEquitiesFiscal outlookFitch U.S. rating downgradeFX and EM macro strategyGermanyGovernment funding costsHard-currency debtinflationinterest ratesInvestorsitalyJapanManufacturing surveyoil pricesRate cutRiskier economiesS&P 500SelloffSilicon Valley BankTodays HeadlinesU.S. dollar strengthU.S. Treasury marketUnrealised losses