RSS Publication : Special EditionFlux Publicationshttps://economic-research.bnpparibas.com/html/en-US/rise-bond-yields-9/23/2026,53768Hélène BAUDCHONhelene.baudchon@bnpparibas.comGuillaume DERRIENguillaume.a.derrien@bnpparibas.comThomas HUMBLOTthomas.humblot@bnpparibas.comCynthia KALASOPATAN ANTOINEcynthia.kalasopatanantoine@bnpparibas.comIsabelle MATEOS Y LAGOisabelle.mateosylago@bnpparibas.comChristine PELTIERchristine.peltier@bnpparibas.comFranceFiscal policyEmerging EconomiesDeveloped economiesMonetary policyBanking economicsHow bad is the rise in bond yields?As we begin the 2026 financial year, long-term sovereign bond yields are reaching unprecedented highs not seen for decades. Why is this happening? Is it sustainable? What are the implications for the world’s various economies? These are just some of the questions addressed in this new Special Edition video, introduced by Chief Economist Isabelle Mateos y Lago.Drawing on insights from the banking sector and teams specialising in emerging and advanced economies, the economists from Economic Research will explain why the rise in bond yields is problematic.Wed, 23 Sep 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Debt-sustainability-talking-about-9/23/2026,c45263helene.baudchon@bnpparibas.comFiscal policyDebt sustainability: What are we talking about?When economists talk about public debt, they often refer to the ‘sustainability’ of the debt. Hélène Baudchon, deputy chief economist, explains what this means and when a debt trajectory can be considered unsustainable.Wed, 23 Sep 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/Public-finances-advanced-countries-context-different-trajectories-9/23/2026,c45264guillaume.a.derrien@bnpparibas.comFranceFiscal policyDeveloped economiesPublic finances in advanced countries: same context, different trajectoriesThe scope for manoeuvre available to fiscal policy depends heavily on the interest rate environment, and this has tightened significantly in recent months.Guillaume Derrien, economist in the advanced economies team, explains where we stand today in the advanced economies, against a backdrop of high debt-to-GDP ratios and moderate growth.Wed, 23 Sep 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/impact-rising-bond-yields-financing-investment-Eurozone-9/23/2026,c45265thomas.humblot@bnpparibas.comDeveloped economiesMonetary policyThe impact of rising bond yields on financing and investment in the EurozoneAgainst the backdrop of rising bond yields in the Eurozone, Thomas Humblot, economist in the banking economics team, analyses the implications for the cost of bank financing and for borrowers, whether individuals or businesses.Wed, 23 Sep 2026 00:00:00 +0200© BNP Paribas - 2016https://economic-research.bnpparibas.com/Media-Library/en-US/emerging-economies-public-finances-better-shape-than-advanced-economies-9/23/2026,c45266cynthia.kalasopatanantoine@bnpparibas.comFiscal policyEmerging EconomiesAre emerging economies public finances in better shape than in advanced economies?Whilst long-term bond yields in advanced economies rose over the summer, Cynthia Kalasopatan Antoine, economist in the emerging economies team, explains what has been happening in emerging markets during this time.Are public finances stronger in emerging markets than in developed countries? What is the dominant trend when comparing key fiscal indicators?What emerges from a comparison of debt sustainability criteria?Wed, 23 Sep 2026 00:00:00 +0200© BNP Paribas - 2016