Iran conflict pushes US borrowing costs to 18‑month highs
TL;DR
Investors are fleeing US debt as the Iran war raises inflation fears, sending two-year Treasury yields to about 3.9% and the 10-year to around 4.38%, the largest moves this year; a $69 billion two-year auction drew weak demand while futures price in fewer Fed rate cuts for longer, with mortgage rates climbing toward 6.3% and borrowing costs rising globally.
Topics:businesseconomy#economy#global-inflation#middle-east-war#note-five-tags-requested-extra-tag-included-inadvertently#sovereign-bonds#us-interest-rates#us-treasury-bonds
- Iran war sends US borrowing costs soaring by most since 2024 Financial Times
- The bond market is nearing a 5% threshold — but there’s a crucial difference this time MarketWatch
- Bond Market Nears ‘Inflection Point’ After War-Related Selloff Bloomberg.com
- Treasury yields climb as bonds sell off and fear grows that Fed rate cuts are off the table CNBC
- 10-year Treasury yields edge higher as investors weigh renewed Iran war uncertainty MSN
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