Trump Downplays Desire for Iran Deal, Global Bonds Slump | The Opening Trade 9/2/2026
The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated. Meanwhile President Donald Trump downplayed the chances of a deal, writing in a post on Truth Social that he’s “not trying to force Iran to the bargaining table.” The selloff sweeping global bond markets looks painful, but it’s nothing compared with the rout four years ago, when soaring inflation forced central banks into a series of rapid-fire int…