Business • 2026-04-29 12:12

Iran war fuels bond selloff ahead of Fed Chair Powell's press conference

Fast facts

  • Category: Business
  • Language: EN
  • Published: 2026-04-29 12:12 UTC
  • Sources: MarketWatch, BBC Business

The Iran war has triggered a bond selloff, driven by concerns over the oil shock and inflation. Investors are worried about the impact on the economy. Reuters reports that the Federal Reserve is set to raise interest rates in response.

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