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Bonds, stocks jolted as Middle East tensions shatter market calm

Cyprus Mail 18 August 2026, 15:00
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Bonds, stocks jolted as Middle East tensions shatter market calm
A selloff in U.S. government bonds ​picked up pace on Tuesday, sending the 30-year Treasury yield to a near two-decade high as ‌fears of an escalation in the Middle East war fuelled inflation worries and pressured stocks. Oil prices were in positive territory for the third consecutive day, with Brent crude hitting its highest since late last […]