Bond Rally Fails to Allay Higher-for-Longer Global Rates Threat (opens original article in a new tab)

Global bond rally failed to ease concerns about sustained high interest rates, with governments anticipating elevated borrowing costs for the rest of the year despite lower energy prices from a fragile Middle East truce.

• Global bond rally did not reduce concerns about prolonged high interest rates.
• Governments expect elevated borrowing costs for the remainder of the year.
• A fragile Middle East truce led to lower energy prices and reduced inflation fears.