
{"id":14761,"date":"2026-07-11T10:17:00","date_gmt":"2026-07-11T04:47:00","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=14761"},"modified":"2026-07-10T18:22:20","modified_gmt":"2026-07-10T12:52:20","slug":"global-bond-markets-turn-volatile-after-trumps-iran-announcement","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/","title":{"rendered":"Global Bond Markets Turn Volatile as US and European Yields Skyrocket Following Trump&#8217;s Iran Announcement"},"content":{"rendered":"<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">\ud83d\udcdd Quick Summary:<\/div>\n<h2 class=\"gpi-custom-widget-h2-content\"><span class=\"ez-toc-section\" id=\"Global_Bond_Markets_Yields_on_Treasuries_Bunds_and_gilts_shot_up_after_the_US_Presidents_comments_at_the_NATO_summit_The_dollar_gained_strength_and_oil_prices_shot_up_past_78barrel_all_of_which_shook_Indian_equities\"><\/span><strong>Global Bond Markets: Yields on Treasuries, Bunds, and gilts shot up after the U.S. President\u2019s comments at the NATO summit: The dollar gained strength, and oil prices shot up past $78\/barrel, all of which shook Indian equities.\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n\n\n<p>Yields on 10-year US, German, and UK government bonds rose sharply and hit a 4-week high on Wednesday, when US President Donald Trump stated the ceasefire with Iran had ended <sup>[1]<\/sup>. His statements accelerated the bond sell-off that was already in progress due to the newly revived military activity in the Middle East and drove prices of crude oil higher throughout the day.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#Global_Bond_Markets_Yields_on_Treasuries_Bunds_and_gilts_shot_up_after_the_US_Presidents_comments_at_the_NATO_summit_The_dollar_gained_strength_and_oil_prices_shot_up_past_78barrel_all_of_which_shook_Indian_equities\" >Global Bond Markets: Yields on Treasuries, Bunds, and gilts shot up after the U.S. President\u2019s comments at the NATO summit: The dollar gained strength, and oil prices shot up past $78\/barrel, all of which shook Indian equities.\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#What_Trump_Said_and_What_Triggered_It\" >What Trump Said, and What Triggered It<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#Bond_Yields_Oil_and_the_Dollar_%E2%80%94_The_Numbers\" >Bond Yields, Oil, and the Dollar \u2014 The Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#Impact_on_Indian_Markets\" >Impact on Indian Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#The_Bottom_Line\" >The Bottom Line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#Disclaimer\" >Disclaimer<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Trump_Said_and_What_Triggered_It\"><\/span><strong>What Trump Said, and What Triggered It<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Speaking to reporters at a NATO summit in Ankara, Turkey, Trump said, \u201cI think it\u2019s over. I don\u2019t want to deal with them any more,\u201d adding that US negotiators wanted to keep talking <sup>[2]<\/sup>.&nbsp;<\/p>\n\n\n\n<p>This followed a rapid, escalatory chain of responses. The US had retaliated to Iranian strikes on US allied shipping in the Strait of Hormuz with airstrikes and put a stop to the legal sale of Iranian oil <sup>[3]<\/sup>. A senior US official stated that Iran then conducted strikes on US interests, deepening the concerns that the peace deal reached in late June was no longer valid, and drove oil prices further up <sup>[1]<\/sup>.&nbsp;<\/p>\n\n\n\n<p>First Abu Dhabi Bank analysts also mentioned that there was no real ceasefire agreement in the June memorandum of understanding between the US and Iran, just, as they put it, an agreement to discuss the negotiations <sup>[1]<\/sup>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bond_Yields_Oil_and_the_Dollar_%E2%80%94_The_Numbers\"><\/span><strong>Bond Yields, Oil, and the Dollar \u2014 The Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Market<\/strong><\/td><td><strong>Move<\/strong><\/td><td><strong>Level<\/strong><\/td><\/tr><tr><td>US 10-year Treasury<\/td><td>+5 bps<\/td><td>4.581%<\/td><\/tr><tr><td>German 10-year Bund<\/td><td>+8 bps<\/td><td>3.068%<\/td><\/tr><tr><td>UK 10-year Gilt<\/td><td>+13 bps<\/td><td>4.957% (4-week high)<\/td><\/tr><tr><td>Brent crude oil<\/td><td>+6.4%<\/td><td>$78.93\/barrel<\/td><\/tr><tr><td>US Dollar Index (DXY)<\/td><td>+0.2%<\/td><td>101.239<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><em>Source: The Wall Street Journal<\/em><\/p>\n\n\n\n<p>Two things are making the dollar more valuable: a global preference for safe investments amid geopolitical tensions and higher crude prices benefitting the US as a net oil exporter.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Indian_Markets\"><\/span><strong>Impact on Indian Markets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This situation directly impacted <a href=\"https:\/\/goldenpi.com\/blog\/bond-market-2\/global-bond-market-trends-affecting-indian-investors\/\" type=\"post\" id=\"12319\">Indian markets<\/a> due to India&#8217;s reliance on Gulf oil imports and the Strait of Hormuz shipping corridor.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indian Market Indicator<\/strong><\/td><td><strong>Move<\/strong><\/td><td><strong>Level<\/strong><\/td><\/tr><tr><td>Sensex<\/td><td>-1,677.12 pts (-2.15%)<\/td><td>76,503.60<\/td><\/tr><tr><td>Nifty 50<\/td><td>-516.65 pts (-2.12%)<\/td><td>23,882.05<\/td><\/tr><tr><td>Bank Nifty<\/td><td>-1,458.10 pts (-2.51%)<\/td><td>56,742.60<\/td><\/tr><tr><td>India VIX<\/td><td>+26.01% (close); intraday high +30%<\/td><td>Closed 14.68 (intraday high 15.16)<\/td><\/tr><tr><td>MCX Crude Oil<\/td><td>Hit 6% upper circuit<\/td><td>Rs 7,107\/barrel<\/td><\/tr><tr><td>Nifty Smallcap 100<\/td><td>-2.24%<\/td><td>18,783.30<\/td><\/tr><tr><td>Nifty Midcap 100<\/td><td>-1.55%<\/td><td>61,322.75<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><em>Sources: Business Standard, IIFL, Upstox, HDFC Sky<\/em><\/p>\n\n\n\n<p>As a significant oil-importing country, an ongoing increase in crude oil prices directly affects the Indian economy. It increases the trade deficit, puts pressure on the rupee, and poses an increasing risk of inflation, all of which the RBI will be keeping an eye on in the coming days.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Latest Bond News:<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/\" aria-label=\"Global Bond Markets Turn Volatile as US and European Yields Skyrocket Following Trump&#8217;s Iran Announcement\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Bond Market Shaken\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/10180720\/Bond-Market-Shaken.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/\">Global Bond Markets Turn Volatile as US and European Yields Skyrocket Following Trump&#8217;s Iran Announcement<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/guide\/duration-risk-explained-how-to-read-the-yield-curve-before-investing\/\" aria-label=\"Duration Risk Explained: How to Read the Yield Curve Before Investing\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Duration Risk Yield Curve\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09144450\/Duration-Risk-Yield-Curve.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/guide\/duration-risk-explained-how-to-read-the-yield-curve-before-investing\/\">Duration Risk Explained: How to Read the Yield Curve Before Investing<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/how-to-position-your-bond-holdings-for-a-hawkish-or-dovish-rbi-shift\/\" aria-label=\"How to Position Your Bond Holdings for a Hawkish or Dovish RBI Shift\u00a0\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Bond Holding for Hawkish or Dovish\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/07\/09130828\/Bond-Holding-for-Hawkish-or-Dovish.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/how-to-position-your-bond-holdings-for-a-hawkish-or-dovish-rbi-shift\/\">How to Position Your Bond Holdings for a Hawkish or Dovish RBI Shift\u00a0<\/a><\/li>\n<\/ul>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Bottom_Line\"><\/span><strong>The Bottom Line<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>With a serious disruption in tanker traffic passing through the Strait of Hormuz \u2014 one of the world\u2019s major oil shipping routes \u2014 and a sharp increase in hostile activity, markets are preparing for more volatility with oil, currencies, and interest rates. The primary question for global markets, including India, is whether this situation will be a sustained disruption or a single major disruption in the ongoing on-again, off-again negotiations.<\/p>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Explore Bonds<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p><a href=\"https:\/\/goldenpi.com\/collections\/high-yield-bonds\">High Yield Bonds\u00a0<\/a>|\u00a0<a href=\"https:\/\/goldenpi.com\/corporate-bonds\">Corporate Bonds<\/a>\u00a0|\u00a0<a href=\"https:\/\/goldenpi.com\/collections\/tax-free-bonds\">Tax Free Bonds<\/a> | <a href=\"https:\/\/goldenpi.com\/\">Buy Bond Platform<\/a><\/p>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sources\"><\/span><strong>Sources<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a rel=\"nofollow\" href=\"https:\/\/www.wsj.com\/finance\/investing\/u-s-european-government-bond-yields-rise-as-middle-east-tensions-escalate-9bec3733\">https:\/\/www.wsj.com\/finance\/investing\/u-s-european-government-bond-yields-rise-as-middle-east-tensions-escalate-9bec3733<\/a>&nbsp;<\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/www.theguardian.com\/world\/2026\/jul\/08\/trump-declares-ceasefire-iran-over-broadside-nato-summit\">https:\/\/www.theguardian.com\/world\/2026\/jul\/08\/trump-declares-ceasefire-iran-over-broadside-nato-summit<\/a>&nbsp;<\/li>\n\n\n\n<li><a rel=\"nofollow\" href=\"https:\/\/understandingwar.org\/research\/middle-east\/iran-update-special-report-july-8-2026\/\">https:\/\/understandingwar.org\/research\/middle-east\/iran-update-special-report-july-8-2026\/<\/a>&nbsp;<\/li>\n<\/ol>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Ready to Invest?<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p>Visit <a href=\"https:\/\/goldenpi.com\/\">GoldenPi<\/a> to explore current bond options. Compare yields, ratings, and tenures in one place and invest online with as little as \u20b930,000.<\/p>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disclaimer\"><\/span>Disclaimer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities\/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and\/or default in payment. Read all the offer-related documents carefully. This blog\/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products\/services of\/on GoldenPi or any product\/services of its third-party client(s). For a detailed calculation of YTM, visit our website.&nbsp;<a href=\"https:\/\/delivery.goldenpi.com\/XPRBSN?id=162365=ch0GCFVXBVBUH1QDUlZXUlgBVgNSUwJVWgQGDFJQAVsEUwRfBldSBFVUAglRBFJSAA0ZBgxfQFBbERxBFSNTV10FU1cTDBgFDg5OAFIKVVFQBlZTVwQBBgFSAg0aC0BMQRIMFkwBUwoIFVdDHBwCCw1QAAsTWBpSVwgebDYxdmt\/Xl9dHxMF&amp;fl=WRVCSRBfGUkETltfVwNLAxVbCQwNWhpYVkpFGwMOBRcEWQMNUEoHSQJaV1BQAQQHTAZXA1IcAAMOBBxWB1IMFQUEVQxXXAEFBVQEUkpTVlMCUFEHU1JVAwhUAFECAQZaVFEADVAAVQBXVFRUUw==\" target=\"_blank\" rel=\"noreferrer noopener\">T&amp;C\u2019s Apply<\/a>.<\/p>\n\n\n\n<script type=\"application\/ld+json\">\n[\n  {\n    \"@context\": \"https:\/\/schema.org\",\n    \"@type\": \"BlogPosting\",\n    \"@id\": \"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/#article\",\n    \"isPartOf\": {\n      \"@id\": \"https:\/\/goldenpi.com\/blog\/bond-news\/global-bond-markets-turn-volatile-after-trumps-iran-announcement\/\"\n    },\n    \"headline\": \"Global Bond Markets Turn Volatile as US and European Yields Skyrocket Following Trump's Iran Announcement\",\n    \"description\": \"Global bond markets turned volatile as US Treasury and European bond yields surged after Trump's Iran announcement. 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