Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman Business live – latest updates Government borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded. Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement , with no progress on the reopening of the strait of Hormuz. Continue reading...