Economy · World
Global interest rates rise amid Middle East conflict
Interest rates have been trending upward worldwide, as reported by multiple outlets. The U.S. Federal Reserve is said to be trying to catch up with the surge in bond yields. The New York Times claims the rise is mainly caused by the Iran war, which it says has unsettled global markets. CNN's coverage simply notes the upward trend without offering an explanation. Both pieces provide no further data on the magnitude of the rate changes.
How outlets across the spectrum covered it
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- Left (2): CNN, The New York Times