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Headline: New York Times, 9/18/2026
Jeff Summer reports:
The Iran war hasn’t merely driven up the prices of oil, diesel fuel and gasoline. It also bears major responsibility for the painful increase in interest rates the world has been experiencing since the end of February.
[snip]
Collectively, the thousands of bond traders who set longer-term rates have acted with blinding speed this year. The Iran war began on Saturday, Feb. 28. When the bond market reopened two days later, traders began pushing longer-term rates higher.
In hindsight, that weekend marked the start of an unmistakable trend in the global economy and in financial markets. [emphasis added]
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Global reverberations of Trump War of Whimsy: Anger and protests over energy prices. (9/17)
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Economic slowdown. (7/6)
May 2026
Latin American poultry industry. (5/18)
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