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Market Impact: 0.75

Why the deepening bond sell-off matters to you

Source: The Globe and Mail

Interest Rates & YieldsEnergy Markets & PricesGeopolitics & WarInflationCredit & Bond Markets

Global bond yields hit major new highs as renewed Middle East fighting pushed oil prices higher. Traders are bracing for additional interest-rate hikes, pressuring stock markets worldwide. Net effect is a risk-off backdrop with tighter financial conditions implied by rising yields.

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