Global bond selloff deepens as US launches fresh attacks on Iran
France 24
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France 24
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Fresh US strikes on Iranian targets sparked a global bond selloff, with oil prices surging, equities plummeting, and yields spiking across markets. The deepening crisis reflects mounting concerns over inflation and soaring government debt worldwide.
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Oil prices rose, stocks fell and bond yields spiked after the US launched fresh attacks on Iranian targets. Japan's 10-year bond yield hit 3 percent for the first time since 1996. The deepening global selloff comes amid fears over rising inflation and concern over mounting government debt, which in the US has risen above $40 trillion. Meanwhile, in the single-currency eurozone, inflation rose to the highest level in three years in August, driven by higher energy prices.
Oil prices rose, stocks fell and bond yields spiked after the US launched fresh attacks on Iranian targets. Japan's 10-year bond yield hit 3 percent for the first time since 1996. The deepening global selloff comes amid fears over rising inflation and concern over mounting government debt, which in the US has risen above $40 trillion. Meanwhile, in the single-currency eurozone, inflation rose to the highest level in three years in August, driven by higher energy prices.
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Tags:#الاقتصاد العالمي#سندات حكومية#أسعار النفط#التضخم#الأزمة المالية#إيران
Source: France 24
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