Yields Won't Surrender to Peace Just Yet As the world waits for signs of peace in the Middle East, bond strategists warn that even if Iran and the US resolve their differences, yields will likely remain stubbornly high.
The market's focus on war related inflation fears has been a dominant theme, but closer examination reveals other forces at play – and they won't let peace break out anytime soon.
The Oil Factor Oil prices have skyrocketed in response to tensions between Iran and the US. This has led to higher borrowing costs as companies struggle with increased production costs due to rising crude prices.