The Intelligence Layer Beyond Your Own Book

Escalating US-Iran tensions have pushed oil prices higher and intensified concerns about inflation, sending global bond yields to their highest levels since 2008. Markets are increasingly betting that the Federal Reserve will keep interest rates higher for longer.

Global bonds sold off sharply as persistent inflation concerns increased expectations of a September Federal Reserve rate hike. The US 10-year yield climbed to 4.78%, its highest level since January 2025.

Markets remain cautious ahead of Fed Chair Kevin Warsh’s Jackson Hole speech, with investors watching for clues on the path of interest rates. US futures edged lower as enthusiasm following Nvidia’s bullish outlook faded.