Bond Market Turmoil Eases, but Inflation Fears Linger The recent drop in oil prices has provided a brief reprieve for bond markets, which have been roiled by concerns over inflation and geopolitical tensions.
Despite the easing of market tensions, underlying issues driving volatility remain unchanged. The UK services sector's continued growth is contributing to the market's unease.
Input cost inflation rose to 31% in August, with business activity accelerating due to new work, according to S&P Global.