Global bond yields stabilise as oil prices climb
Global bond yields stabilised near multi-decade highs amid concerns over swelling sovereign debt and persistent inflation. Meanwhile, oil futures advanced for a fourth consecutive day as Middle East conflict concerns lingered.
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Global bond yields stabilised near multi-decade highs on Wednesday as swelling sovereign debt concerns weighed on markets. The pause follows a sharp selloff across long-term debt from United States to Japan. Investors are recalibrating portfolios amid persistent inflationary pressures and elevated borrowing costs.
