Markets

Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

TradeNews USA US markets desk (2026-08-18): Government borrowing costs in several advanced economies continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war… Primary source: original at Guardian Markets (theguardian.com).

August 18, 2026 8:37 AM ET · Guardian Markets

Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

Government borrowing costs in several advanced economies continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded.

Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement, with no progress on the reopening of the strait of Hormuz.