Global government bond yields have continued to climb, with the US 30-year yield recently reaching its highest level since 2011. This rise in bond yields is largely attributed to resilient economic data, which is raising concerns that central banks rates may not have peaked. Other benchmarks have also returned to levels not seen since 2008. The 30-year Treasury yield rose as much as seven basis points to 4.42% during early US trading on Thursday. This increase in yields is causing worries about potential rate hikes. As a result, investors are closely monitoring global government bond yields and closely watching for any signs of further increases.