US Bond Market Selloff Deepens as Trump Spurns Iran Offer Stocks Slip
Bloomberg and CNBC report that the US Treasury selloff has intensified with the 10-year yield hitting multi-year highs. In parallel, the Trump administration has rejected Iran’s latest diplomatic overture, layering geopolitical risk on top of rate pressure and pushing US stocks lower at the open. Investor focus has broadened from rates alone to a multi-factor repricing of the fiscal outlook, inflation expectations and Middle East risk, driving a phase of asset allocation and risk-preference adjustment.