The Bond Market's Wariness: A Signal from Markets to Politicians The recent surge in global bond yields to multi decade highs is not just a market reaction to the escalating tensions between the US and Iran.
It also reflects investors' growing concern about the long term consequences of these hostilities, which are being driven by governments prioritizing short term interests over diplomatic solutions.
Experts point out that the current situation is more complex than a simple response to inflationary pressures or interest rate hikes.