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Posted 1 hour ago
US-Iran ceasefire collapses; bond yields surge multi-decade highs
US-Iran ceasefire talks ended Monday without agreement, halting progress on Strait of Hormuz reopening. Bond yields across US, UK, Germany, France, and Japan rose sharply on inflation concerns. USD strength likely from safe-haven demand; JPY and CHF supported. Risk-off sentiment may pressure commodity currencies and EM.
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