Diesel ban threat, fiscal fears fuel bond jitters; central banks walk tightrope

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Oil futures have fallen from their recent peaks, with West Texas Intermediate crude trading around $90 per barrel on Sept. 30. © Reuters

JADA NAGUMO and AKANE OKUTSU

September 30, 2026 14:07 JST

TOKYO — Global bond yields are facing persistent upward pressure despite falling oil prices, as uncertainty over the conflict in the Middle East keeps investors guessing and fiscal fears resurface.