Global Borrowing Costs Hit Fresh Highs on Oil, AI, and Inflation The latest surge in global borrowing costs has sent shockwaves through financial markets.
Long term interest rates have reached new highs across major economies, fueled by a toxic mix of inflation fears, government debt levels, and the uncertain promise of Artificial Intelligence (AI).
The implications are far reaching. The recent oil price spike has been driven in part by tensions over the Strait of Hormuz waterway, disrupting global oil supply.