US, Europe Bond Selloff Deepens on Trump-Iran Standoff — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- U.S. and European government bonds faced a deepening selloff per the WSJ, with Bloomberg specifically tying the move to Trump spurning an offer from Iran.
- Bond yields rose relentlessly higher, leaving Wall Street wondering how much more tech stocks can absorb, per MarketWatch, while stock futures were little changed after the yield move.
Why it matters: Rising sovereign yields raise borrowing costs across the economy and pressure high-multiple tech stocks that have relied on cheap money, making the Fed's next move more consequential for portfolios.
Ask SkimNews
