Borrowing costs are up, hitting levels not seen in decades and particularly on long-term bonds. This is creating a headache for investors and for governments around the globe. From mortgages to car loans, the cost of our borrowing is often based on longdated bonds.It's also what governments pay for their long-term borrowing. Now we're seeing investors demand extra compensation for holding those bonds with sticky inflation and wide budget deficits front of mind. Structural forces like demographics and geopol ...