21 Hrs
Source:
The Guardian
Markets fall amid inflation concerns
The article reports on a global sell-off in government bonds driven by rising yields, primarily due to escalating geopolitical tensions between the US and Iran, and increased oil prices. The UK’s 10-year bond yield surged to its highest since June 2008, intensifying fiscal pressures ahead of the autumn budget and reducing the government's fiscal headroom. Experts highlight that rising inflation concerns and increased government debt are contributing to this widespread bond market turbulence.
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