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⚠️🇺🇸 Last week, the global bond market experienced a significant drop. The yield on 30-year U.S. Treasury bonds reached its highest level in nearly 20 years, while long-term yields in the UK and Japan also hit multi-year highs. New Fed Chair Kevin Warsh faces a daunting task ahead. Inflation is accelerating in major economies due to the Middle East conflict, prompting central bank officials to signal potential rate hikes. Meanwhile, Trump urges Warsh to lower rates quickly, raising concerns of renewed inflation waves reminiscent of the 1970s. For more, visit BBG and mt в max.