Japanese government bond (JGB) yields rose, with the benchmark 10-year yield up 3 basis points to 2.750%, driven by mounting inflation and fiscal concerns. This mirrored a global trend as US Treasury yields hit a two-month peak and euro zone yields also edged up. Escalating US-Iran tensions are pushing crude oil prices higher, reviving inflation and rate-hike worries across major bond markets. For Pakistani investors, these global inflation and rate-hike concerns, coupled with rising oil prices, could support international gold prices as an inflation hedge and potentially strengthen the US Dollar.
بحوالہ / Source: www.brecorder.com