This post was originally published on this site.It’s a new week but once again we are starting to see bond yields push higher again. And if this keeps up, it will be increasingly more difficult for broader markets to ignore. 10-year Treasury yields are touching 4.80% again, its highest levels since 2023, while 30-year yields in the US are starting to nudge back closer to 5.30%. It’s a similar story elsewhere around the globe as borrowing costs in the likes of the UK, Japan, and Germany are all hovering around multi-year or multi-decade highs. Today itself, 10-year Germany bond yields...

This post was originally published on this site.Yemen’s Iran-backed Houthis launched a series of attacks against targets in southern Saudi Arabia, including energy facilities, military sites and other strategic locations, in a fresh escalation in regional tensions. The Saudi Energy Ministry said several energy facilities and installations in the kingdom’s southern region were targeted, causing fires and temporarily halting some operations. Emergency teams were deployed to contain the fires and secure the affected sites. Saudi authorities said the attacks targeted areas including Abha, Khamis Mushait, Jazan and Najran, with the Saudi-led coalition reporting that 73 people were injured. The Houthis...