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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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