---
title: "UBP says long-end bond yields hit multi-decade highs, pressuring risk assets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296806108.md"
description: "Union Bancaire Privee reports long-end bond yields hitting multi-decade highs, pressuring risk assets and the dollar. The US 10-year Treasury yield rose to 4.73%, while the 30-year hit 5.31%. Despite resilient global PMIs, higher yields weighed on AI-linked trades, causing MSCI ACWI to fall 0.9% and semiconductors to drop 3.9%. The dollar index slid over 1%, while gold climbed to $4,650/oz amid financial-repression concerns."
datetime: "2026-08-24T15:08:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296806108.md)
  - [en](https://longbridge.com/en/news/296806108.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296806108.md)
generator: "portal-rs"
---

# UBP says long-end bond yields hit multi-decade highs, pressuring risk assets

-   Union Bancaire Privee flagged multi-decade highs in long-end yields, pressuring the dollar and risk assets despite resilient global PMIs. \* US 10-year Treasury yield rose 4 bps to 4.73%; 30-year hit 5.31%, the highest since 2007. \* Treasury doubled 10- to 30-year buybacks to about USD 14 billion versus roughly USD 148 billion of long-end supply; impact faded quickly. \* MSCI ACWI total return fell 0.9%; global semiconductors dropped 3.9% as higher yields weighed on AI-linked trades. \* Dollar index slid over 1% to a three-month low; gold climbed to USD 4,650 per oz on financial-repression concerns. 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. Union Bancaire Privee UBP SA published the original content used to generate this news brief on August 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**