Stock Takes: US fiscal fears push bond yields higher and weigh on stock markets

PremiumHome / Business / Markets / Stock takesJamie GrayBusiness Reporter·NZ Herald·20 Aug, 2026 09:00 PM5 mins to read‌Mercury NZ's result was a standout, Foryth Barr said.Mercury NZ's result was a standout, Foryth Barr said.Fiscal and inflation concerns are weighing heavily on bond markets around the world, driving up the cost of borrowing and dampening the appetite for stocks. In the US, 30-year yields this week hit 5.34% and are at their highest level since July 2007. The US 10-year yields – at 4.74% AdvertisementAdvertise with NZME.