September 3, 2026

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The world appears to be entering a higher-rate era. Here’s who will pay the price

Business CNBC
Image: CNBC

The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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