Global bond sell-off intensifies as US-Iran tensions stoke inflation fears

Global bond sell-off intensifies as US-Iran tensions stoke inflation fears

Rising geopolitical tension between the United States and Iran has triggered a sharp sell‑off in global bond markets, pushing yields higher. In the United Kingdom, the spike in borrowing costs adds pressure on new finance minister John Healey as he prepares his inaugural budget, heightening concerns about inflation and fiscal stability. Analysts warn that sustained rate hikes could further strain economies.