Trump Dismisses ‘Little War’ With Iran, Global Bond Selloff Returns | The Opening Trade 9/1/2026

President Trump dismissed concerns that ongoing conflict with Iran was draining American military resources as clashes continued in hostilities that have lasted more than six months, with neither side pursuing negotiations to end the war. Global bond yields rose to their highest level in nearly two decades as oil prices increased, prompting investors to raise expectations for Federal Reserve interest rate increases. Bloomberg reported the developments on September 1, 2026.

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