Brent oil surge impacts global bond markets
after close1 source ↓written by the desknot a recommendation
- in Q3 due
- 42%
- have risen
- 10-year Treasury yields
- risen
- 7th consecutive month
Deutsche Bank's Jim Reid reports that Brent crude oil surged 42% in Q3 due to the escalating US-Iran conflict, leading to a significant global bond selloff. 10-year Treasury yields have risen for the 7th consecutive month, marking the first such streak since 2011. This volatility raises inflation concerns and suggests potential hawkish moves from central banks.
Not investment advice. For informational purposes only.