US, Iran Attacks Escalate; Global Bond Selloff Deepens

Global markets face fresh turbulence as the United States and Iran step up attacks on each other, while a worldwide selloff in government bonds intensifies. The escalation raises concerns over oil supplies and investor confidence just as trading begins across Asia. The latest developments were highlighted on “The Asia Trade,” a Bloomberg program that prepares viewers for the trading day ahead. Broadcast live from Tokyo and Sydney, the show features anchors Shery Ahn and Haidi Stroud-Watts, who bring insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. The bond selloff, which has pushed yields higher in major economies, reflects growing worries over inflation and central bank policy. At the same time, renewed hostilities between Washington and Tehran add geopolitical risk to an already fragile market outlook. Investors are now watching for any disruption to energy flows from the Middle East, as well as signals from policymakers on how they plan to respond. As Asian markets open, traders are bracing for volatility. The combination of military tension and financial market stress could lead to sharp moves in equities, currencies, and commodities. The focus remains on whether diplomatic channels can ease the conflict, or if further escalation will deepen the global selloff.