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Trump Downplays Iran Deal, Global Markets Plummet

Global Markets Shudder as US Iran Tensions Escalate The fragile calm that has characterized global financial markets for years is showing signs of cracking.

A fresh wave of strikes and retaliatory measures between the United States and Iran has sent shockwaves through bond markets, prompting a sharp decline in yields.

While President Donald Trump's downplaying of a potential deal with Iran may provide temporary comfort to investors, it's clear that this latest escalation is far from the relative stability of recent years.

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