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المشهد العربي
Global bond yields drop on easing tensions
Global sovereign bond yields declined following Iranian hints about the potential reopening of the Strait of Hormuz, contingent upon reducing U.S. military pressures. This came amid a decline in energy prices, which had previously led to an increase in bond yields due to expectations of interest rate hikes to combat inflation caused by energy costs. It is anticipated that American and Iranian officials will hold talks on the sidelines of the United Nations meetings, followed by a U.S.-China summit, in hopes that these negotiations will help ease tensions in the Middle East and extend the trade ceasefire with Beijing.
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