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Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concerns

Markets-Economic Times · 1h ago · 🇮🇳 India
Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concerns

Eurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced a closure of the Strait of Hormuz. This renewed conflict has increased concerns over global inflation and economic stability.

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