24 Hrs
Source:
The Guardian
Govt borrowing costs rise amid US-Iran tensions
Government borrowing costs rose to multi-decade highs amid fading US-Iran ceasefire hopes and increased geopolitical tensions. The 30-year US Treasury yield reached 5.324%, its highest since June 2007, while European bond yields also climbed, reflecting concerns over inflation, higher energy prices, and rising debt issuance. Investors are increasingly cautious about risks associated with government and corporate debt amid ongoing geopolitical and fiscal uncertainties.
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