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Government bond yields hit multi-decade highs

Third quarter saw government bond yields reach multi-decade highs, alongside peak diesel prices and crude oil rising above $100 a barrel amid the Middle East conflict.

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The third quarter of 2026 is likely to be remembered for the wrong reasons by bond investors. Over the period, government bond yields reached multi-decade highs, diesel prices climbed to record levels and crude prices moved back above $100 a barrel as the Middle East conflict p…