This week was a dramatic one for bond yields. You might not know it judging by where they ended up.

Government bond yields surged around the world this week as several pressures collided at once. Rebounding energy prices brought inflation back into focus, compounding growing anxiety over heavy government debt loads and a flood of issuance from U.S. tech companies. Around the world, investors began raising bets that central banks would have to raise rates more aggressively than once expected.

The combination pushed global yields to new milestones-only for them to retreat as the week went on. Yields took another step down yesterday after Fed Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.

Here's where yields ended up:

-- The 10-year Treasury yield is up only about 4 basis on the week. It most recently traded around 4.762%, according to Tradeweb data, up from 4.722% at the end of last week.

-- The Japanese 10-year yield is actually finishing the week lower than where it started. That's despite widespread panic that came when the country's 10-year bond yield touched 3% for the first time since 1996.

-- Yields in Europe, however, haven't retreated quite so much. The U.K.'s 10-year gilt yield is up about 8 basis points for the week to trade around 5.143%, according to Tradeweb. The 10-year French yield is up by a similar amount for the week.