Global bond sell-off deepens as US-Iran tensions lift inflation fears
Government bond markets came under renewed pressure on Wednesday as investors sold debt across major economies, pushing UK borrowing costs to their highest level since mid-2008. In London, the yield on 10-year UK government bonds rose to just below 5.3% in early trading. The move came as markets reacted to renewed exchanges between the United States and Iran and to a rise in oil prices.The sell-off has been driven by concern that higher energy costs could feed inflation and force central banks to keep interest rates elevated for longer. Brent crude was trading at about $95 a barrel amid the... [Continue Reading]
360LiveNews | 02 Sep 2026 10:30 LONDON
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