Volatile Bond Markets Signal Economic Jitters from Inflation, Middle East Tensions

Bond markets affect everyone through impact on debt costs like mortgages when they become volatile, as happening now due to factors like Middle East conflicts.

Biden's big spending plans have spooked markets, increasing U.S. debt and uncertainty.

Investors dumping U.S. bonds have caused yields to spike, signaling economic concerns.

High inflation remains a worry, with oil price jumps from Middle East instability.

Interest rates seem set to stay high for years as "great unravelling" after financial crisis continues.