Bond yields are climbing from the US to Japan — pushing up borrowing costs and putting fresh stress on governments, markets and consumers. In France, that strain could deepen into a broader crisis for the euro zone.

On today’s episode, Bloomberg Opinion columnist John Authers and Navy Federal Credit Union Chief Economist Heather Long join Sarah Holder to discuss what’s driving the rise in yields, how long they could stay elevated and what lessons the Greek debt crisis might hold for France.

Read more: 
Could Bond Yields Break the Stock Market?
Soaring Yields Find Europe’s Weak Spot

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Host: Sarah Holder; Guests: John Authers, Heather Long; Produced by Julia Press, David Fox; Edited by Tracey Samuelson, Jeffrey Grocott; Engineering by Emma Munger.

Bond yields are climbing from the US to Japan &mdash; pushing up borrowing costs and putting fresh stress on governments, markets and consumers. In France, that strain could deepen into a broader crisis for the euro zone.
On today&rsquo;s episode, Bloomberg Opinion columnist John Authers and Navy Federal Credit Union Chief Economist Heather Long join Sarah Holder to discuss what&rsquo;s driving the rise in yields, how long they could stay elevated and what lessons the Greek debt crisis might hold for France.
Read more:&nbsp;
<ul>
<li><a href="https://www.bloomberg.com/news/articles/2026-09-28/making-sense-of-the-buffett-indicator-bond-yields-and-ai-big-take-podcast">Could Bond Yields Break the Stock Market?</a></li>
<li><a href="https://www.bloomberg.com/opinion/newsletters/2026-10-02/soaring-yields-find-europe-s-weak-spot-in-france?srnd=undefined">Soaring Yields Find Europe&rsquo;s Weak Spot</a></li>
</ul>
View<a href="https://www.bloomberg.com/billionaires/profiles/elon-r-musk/"> profiles</a> for each of the world&rsquo;s<a href="https://www.bloomberg.com/billionaires/"> 500 richest people</a>, see the<a href="https://www.bloomberg.com/billionaires/movers/"> biggest movers</a>, and compare<a href="https://www.bloomberg.com/billionaires/compare-individuals/"> fortunes</a> or track<a href="https://www.bloomberg.com/billionaires/compare-groups/"> returns</a> on the Bloomberg Billionaires Index.
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guests: John Authers, Heather Long; Produced by Julia Press, David Fox; Edited by Tracey Samuelson, Jeffrey Grocott; Engineering by Emma Munger.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Europe’s Debt Problem Is Back

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6a7d043f-720e-439e-9a06-b4da015155ba/transcript