Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

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Government borrowing costs in the US, UK, Germany, France, and Japan have reached multi-decade highs amid fading hopes of peace between the US and Iran. Rising bond yields reflect inflation and geopolitical tension concerns, especially after the ceasefire ended without resolution.

Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman Business live – latest updates Government borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded. Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement, with no progress on the reopening of the strait of Hormuz. Continue reading...