Post by Cordoba Research Group

“The recent sell-off in Treasuries and gilts shows that sovereign bonds do not always act as a safe haven when the shock is inflationary. Rising energy prices have pushed yields higher, unsettled rate expectations, and weakened the case for adding duration too early. For now, the key question is not valuation alone, but whether inflation pressure proves temporary or more persistent.” 📌 In this note, Cordoba Research Group looks at: - Why the US-Iran conflict has pushed global sovereign yields higher - How energy prices are changing the market’s view of Fed and BoE policy - Why gilts may be even more exposed than Treasuries in this environment - Whether higher long-end yields are enough to justify taking duration risk 📩 Read the note here: https://lnkd.in/eRdH8P-W #FixedIncome #Treasuries #Gilts #BondMarkets #Macro #CordobaResearchGroup