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Global bond yields rise to multi-decade highs amid U.S.-Iran stalemate
CNBC Markets reported that international government bond yields moved higher Tuesday, tracking the rise in U.S. Treasury yields.
The outlet linked the jump to the U.S.-Iran stalemate, saying governments are effectively paying a higher price for borrowing in global bond markets.
The story characterizes the rate move as pushing yields to multi-decade highs across markets outside the United States.
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