GLOBAL BOND YIELDS SOAR ON INFLATION FEARS Global bond yields surged as rising oil prices and U.S.-Iran tensions fueled inflation fears and rate-hike expectations. 🇺🇸U.S. 10-year: 4.792%, highest since January 2025 🇯🇵Japan 10-year: above 3%, 30-year high 🇩🇪Germany 10-year: 3.364%, highest since 2011 🇬🇧UK 10-year: 5.254%, highest since 2008 Markets now price a 65% chance of a Fed rate hike in September, with Brent crude above $92.(*Walter Bloomberg)