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The Economic Times

Markets / The Economic Times

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From Tokyo to Sydney, bonds plunge as oil breaches $115

Global bonds experienced a sharp decline on Monday. A worsening U.S.-Israeli conflict with Iran propelled oil prices past $115 per barrel. This surge fueled investor concerns about inflation and future interest rate decisions. Major oil producers reduced supplies, disrupting shipping routes. Bond yields rose significantly, reflecting a shift in market sentiment.

9 Mar 2026 12:10 pm