WILL THE ENERGY PRICE HIKES CAUSED BY MASSIVE RESTRICTIONS IN THE WORLD S GAS AND OIL SUPPLIES DUE TO TRUMP S IRAN STRIKES SPELL THE END OF THE US AND WHAT IS LEFT OF WESTERN INDUSTRY?
TRUMP FACES A WIPE OUT AT THE MID TERMS
From media
US government borrowing costs have soared as the Iran conflict brings new inflation risks.
Yields on 2-year US Treasuries jumped by more than 10 basis points on Monday to hit 3.48pc while rates on 10-year notes rose by nearly nine basis points to 4.05pc.
Investors are worried that higher energy prices as a result of the conflict could mean higher inflation, meaning the Federal Reserve will have to keep interest rates higher for longer.
The rise in yields is on track to be the steepest since October, marking a sharp reversal from last week, when US government borrowing costs fell to their lowest level since April.
Higher Treasury yields will bring fresh pressure on the US government finances.
https://www.telegraph.co.uk/business/2026/03/02/oil-prices-brent-iran-us-strait-of-hormuz-ftse-100-markets/
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