A recent piece from the Financial Times points out that the bedrock of our global financial framework is under increasing pressure. Over the last few weeks, the ability to smoothly execute trades within the $30tn US Treasury market has noticeably worsened. As the most vital and expansive financial arena worldwide, this market is experiencing intense bond volatility directly triggered by the ongoing unrest in the Middle East. It is highly important to keep in mind that experiencing broad shifts in yields is one matter, but encountering fundamental difficulties in how the market actually operates is a completely different scenario.

#economy #markets #bonds #middleeastwar @FT