U.S.-Iran strikes reignite fears of a prolonged Middle East conflict as Hormuz tensions push regional oil benchmarks above $100.
Rising Bond Yields Turn Oil's Rally Into a Demand Risk
- Global bond yields have surged to their highest since 2008, as rising oil prices perpetuate fears of longer-than-assumed inflation, in turn creating a cycle of lower demand further down the road.
- The rally in bond yields started in earnest after new Federal Reserve chairman Kevin Walsh vowed to finally tame US inflation, currently at 3.4%, sending yields on the 10-Year Treasury bonds to 4.76%.
- The bond spiral extended into other developed economies, with rates on 10-year ***** anese bonds touching a 30-year high and moved above 3%, whilst 10-year UK bonds surged to 5.2%.
#yields
Rising Bond Yields Turn Oil's Rally Into a Demand Risk
- Global bond yields have surged to their highest since 2008, as rising oil prices perpetuate fears of longer-than-assumed inflation, in turn creating a cycle of lower demand further down the road.
- The rally in bond yields started in earnest after new Federal Reserve chairman Kevin Walsh vowed to finally tame US inflation, currently at 3.4%, sending yields on the 10-Year Treasury bonds to 4.76%.
- The bond spiral extended into other developed economies, with rates on 10-year ***** anese bonds touching a 30-year high and moved above 3%, whilst 10-year UK bonds surged to 5.2%.
#yields
16 days ago