Global Stocks Fall and Bond Rout Deepens
World stocks fell and bond yields rose as fresh US airstrikes on Iran pushed oil prices to five-week highs. The escalation sparked inflation concerns and extended a global debt selloff.
Xurve View
Insights:
Xurve View
Global equities fell on Wednesday as fresh U.S. airstrikes on Iran pushed Brent Crude Oil to five-week highs, stoking inflation fears and extending a global bond selloff. The escalation follows military strikes near the Strait of Hormuz, marking the most significant exchange of fire since July. United States equities pointed to a weak start after hitting one-month lows in the prior session.
