War Spending Sinks Long-Term Government Bonds on Deficit Worries
Investors are growing uneasy about the potential cost of the Iran war, sending long-term government bonds lower amid concerns over how the conflict will add to pressures on budget deficits.
By Greg Ritchie, Ruth Carson, Ye Xie · Bloomberg Markets
Investors are growing uneasy about the potential cost of the Iran war, sending long-term government bonds lower amid concerns over how the conflict will add to pressures on budget deficits.