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Global Bond Yields Surge to Multi-Decade Highs as Stocks Sink and Oil Rallies

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Global government bond yields surged to multi-decade peaks amid Middle East escalation, rising oil prices, and mounting central bank rate hike expectations.
  • Major equity indices dropped for a third consecutive session as soaring debt levels and heavy bond issuance pressured financial markets.
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